Real estate development and property management
Spain central bank raises 2024 growth forecast despite floods Nexovant
The October 29 floods washed away roads and rail lines, submerged fields and gutted homes and businesses. Photo: Jose Jordan / AFPSource: AFP Spain’s central bank raised its 2024 growth forecast by 0.3 percentage points on Tuesday despite the impact of the devastating October 29 floods, the country’s worst such disaster in decades. The Bank […]
CBN sends message to workers after addressing circulation of old naira notes Nexovant
The CBN has instructed treasurers of financial institutions to take action to protect their businesses’ financial stability It advised that treasurers should strategically position themselves to manage the changing trends in the economy Bismarck Rewane promoted a balanced monetary policy to prevent inflation-driven asset bubbles and stabilize the stock market Legit.ng journalist Zainab Iwayemi has […]
More debt: Nigerian govt confirms plans to borrow more in 2025, gives reasons Nexovant
Nigeria’s government is expected to borrow in 2025 to finance the 2025 budget already approved by FEC. The 2025 budget is worth N48 trillion and has a deficit of N13 trillion, which will be financed through borrowing The federal government says the 2025 budget is designed to promote fiscal sustainability, with a focus on balancing […]
Customs exchange rates for cargo clearance change as naira trades high Nexovant
The Central Bank of Nigeria (CBN) has marginally raised Customs duty for importers in Nigeria’s sea and airports The apex bank increased the rates from N1,532 to N1,533.067 as of Tuesday, December 16, 2024 The development comes following the slight depreciation of the naira in the foreign exchange market Legit.ng’s Pascal Oparada has reported on […]
TCN restores electricity in Bayelsa after 4-month blackout Nexovant
After a blackout that lasted over four months, the Transmission Company of Nigeria (TCN), Port Harcourt Region, has reportedly restored electricity to most parts of Bayelsa state. The News Agency of Nigeria reported that the blackout lasted from July 29 until November 30. The General Manager of TCN’s Port Harcourt Region, Emmanuel Anyaegbulem, announced the […]
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