CBN Faces Pressure to Cut Rates, But Analysts Predict MPC Will Hold Steady
Despite this widespread preference for monetary easing, financial analysts and institutional leaders believe the CBN…
Dangote Plans Nigeria’s Deepest Seaport at Olokola
The port project signals a return to Olokola, where Dangote had previously abandoned plans for…
Deliberate Loan Defaults Hurt Nigerian Economy – AMCON CEO
Alade revealed that the ban on asset sales previously placed on the corporation has been…
IMF Raises Alarm Over Nigeria’s Inflation, Urges Deeper Reforms
It advised that savings from the removal of fuel subsidies must be channeled into critical…
Tinubu, Lula da Silva Pledge Closer Nigeria-Brazil Ties on Trade, Agriculture, Aviation
Both leaders reaffirmed their commitment to reviving bilateral agreements. Silva assured that all pending agreements…
Rising Poverty, Food Insecurity permeates Tinubu’s Govt, Says IMF
Looking ahead, the Fund urged agile policymaking to protect macroeconomic stability, stimulate inclusive growth, and…
Nigeria, Rwanda Sign Landmark Tax Treaty to Boost Investment
“This agreement ensures the same income is not taxed twice and strengthens our ability to…
Tinubu Rallies Africa for Unity, Economic Reform at Afreximbank Annual Meetings
He highlighted reforms under his “Renewed Hope Agenda,” including fuel subsidy removal, exchange rate unification,…
Shettima Hails Ethiopia’s Green Legacy, Urges Africa to Embrace Local Climate Solutions
“Ethiopia and Nigeria bear the largest stake in Africa’s future—and the greatest risk if climate…
Nigeria to Host Africa’s Largest Rare Earth Processing Plant in $400M FDI Deal
Spearheaded by Hasetins Commodities Limited, the landmark initiative is expected to create over 10,000 jobs…
Shettima: Africa’s Growth Depends on Integrating Informal Sector into Formal Trade
“There can be no African prosperity without a strong MSME ecosystem,” he stated. “This forum…
Brazilian Vice President Alckmin Arrives Nigeria for Strategic Dialogue
Speaking at the airport, Hadejia described the visit as “a pivotal moment in Nigeria’s Renewed…
FG Reaffirms Reform Agenda, Targets Investment-Led Growth at Finance Q2 Engagement
Nigeria had entered the third phase of its reform agenda, focused on job creation, poverty…
CBN Bars Banks Under Forbearance from Paying Dividends, Bonuses, Foreign Investments
The CBN’s latest move targets banks that have breached Single Obligor Limits and other credit…
NMFB Refutes ₦215bn ABP Disbursement Claim, Confirms ₦51bn
The bank also expressed concern that inaccurate media coverage could distort public understanding of its…
Nigeria’s Inflation Rate Eases in May, Food Prices Still High in Key States – NBS
On a month-to-month basis, the inflation rate also declined slightly to 1.53 per cent in…
Dangote Refinery Deploys 4,000 CNG Tankers for Free Fuel Delivery Nationwide
“This will reduce fuel costs, support SMEs, lower inflation, and improve rural access to energy.”
Dangote Sugar Appoints Banking Veteran Arnold Ekpe as New Chairman
The appointment, disclosed through a regulatory filing with the Nigerian Exchange (NGX), marks a significant…
BDC Recapitalisation Deadline Not Extended – CBN
It stated that the apex Bank has not granted any such extension beyond the previously…
Oraimo Launches Nationwide Store Promotion
The promo will be a full-fledged celebration of the oraimo lifestyle shoppers, where customers will…