Daily Archives: February 2, 2024

2024: Naira to further depreciate, fiscal deficit widen, foreign investors return as central banks cut rates

Analysts say year 2024 may not be rosy as expected, saying it.may be fraught with further naira depreciation and widening fiscal deficit. The only succour, it appears, is that foreign investors may flock back to the Nigeia capital market as central banks all over the world are set to cut down on rates.
Analysts from United Capital Research said in it’s latest publication made available to Blueprint yesterday that “naira’s depreciation may increase the prices of imported goods.

President Tinubu, Others Congratulate Dangote on Award of National Order of the Lion by the Govt of Senegal

President/Chief Executive of Dangote Industries Limited, Aliko Dangote has been conferred with the prestigious award of the National Order of the Lion by President Macky Sall of the Republic of Senegal. The National Order of the Lion Award is the highest civilian laurel to be bestowed on any individual in the West African country. The award ceremony will be held, in Senegal on Friday.