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NewsDirect

NSIA secures $1.4bn fertilizer plant deal

The Nigeria Sovereign Investment Authority (NSIA) on behalf of the federal government has signed landmark agreements with OCP of Morocco for development of $1.4 billion plant to produce Ammonia and Diammonium Phosphate, under its Gas Industrialization Strategy. Parties to the…

CBN faults Bloomberg report on closing OMO

By Kayode Tokede Sources in the Central Bank of Nigeria (CBN) have denied a recent Bloomberg report that the apex bank will be unwinding its Open Market Operations (OMO) programme which has targeted foreign investor inflows for the last three…