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The International Finance Corporation, a member of the World Bank Group and the Central Bank of Nigeria have announced an agreement to scale up local currency financing, unlocking over $1bn in investments across key sectors of the Nigerian economy. This was according to a joint press statement from the IFC and the CBN on Monday. The agreement, signed by IFC Managing Director Makhtar Diop and CBN Governor Yemi Cardoso, will […]
IT is no longer news that the peace pact between the Rivers State Governor, Siminalayi Fubara, and his predecessor and estranged political godfather, Nyesom Wike, has collapsed, following the intervention in October 2023 by President Bola Tinubu, in the wake of the escalating political crisis in the crude oil and gas-rich state. The Minister of the Federal Capital Territory, Nyesom Wike, during a media chat in Abuja on Tuesday, April […]
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