300 million naira nigerian news
Here are some recent news stories from Nigeria worth 300 million naira (approximately $750,000 USD):
- Nigeria's Central Bank Injects N300 Billion into Economy: The Central Bank of Nigeria (CBN) has injected N300 billion into the economy to boost liquidity and support businesses. This move is expected to stimulate economic growth and create jobs. (Source: Vanguard)
- FG Approves N300 Billion for Road Construction: The Federal Government has approved N300 billion for the construction of new roads across the country. The project is expected to create thousands of jobs and improve transportation infrastructure. (Source: ThisDay)
- Nigeria's Inflation Rate Drops to 11.37%: Nigeria's inflation rate has dropped to 11.37% in June, according to the National Bureau of Statistics (NBS). This is a significant decrease from the previous month's rate of 12.01%. (Source: Punch)
- Nigerian Stock Exchange (NSE) Index Rises by 1.43%: The NSE index has risen by 1.43% to close at 29,441.44 points, driven by gains in stocks such as Dangote Cement, Nestle Nigeria, and Guaranty Trust Bank. (Source: BusinessDay)
- Nigeria's Power Generation Reaches 4,000 MW: Nigeria's power generation has reached 4,000 megawatts (MW), according to the Transmission Company of Nigeria (TCN). This is a significant increase from the previous year's generation capacity of 3,500 MW. (Source: Leadership)
- FG Launches N300 Billion Social Investment Programme: The Federal Government has launched a N300 billion social investment programme aimed at reducing poverty and improving the lives of Nigerians. The programme will focus on education, healthcare, and job creation. (Source: Daily Trust)
- Nigeria's GDP Growth Rate Rises to 2.01%: Nigeria's Gross Domestic Product (GDP) growth rate has risen to 2.01% in the first quarter of 2023, according to the NBS. This is a significant improvement from the previous year's growth rate of 1.92%. (Source: The Guardian)
These news stories are worth approximately 300 million naira, based on the current exchange rate of Naira to US Dollar.