16,000 Telecom Sites Risk National Blackout Over Diesel shortage, ALTON Warns
The blockade stems from an ongoing dispute following IHS Towers' allegations of diesel misappropriation involving…
OPEC+ to Raise Oil Production by 547,000 bpd in September
The coalition stressed that this cautious return to higher production levels remains subject to monthly…
NPA Backs Business Reforms as Nigerian-Owned Vessel Docks in Onne
“With shipping volumes set to increase, investments like the Clarion Shipping acquisition demonstrate the long-term…
Oil Suppliers Warn Against Dangote Refinery Monopoly, Seek Tinubu’s Intervention
“We are not against Dangote. But we must be carried along. If we supported the…
Trump Slaps 15% Tariff on Nigerian Imports, Hits Several African Countries
Affected African countries include Zimbabwe, Zambia, Uganda, Mozambique, Mauritius, Ghana, Malawi, Lesotho, and Madagascar, alongside…
Only Eight Banks Have Fully Met Recapitalisation Targets – CBN
“Members noted the continued stability in the banking system, as reflected in stable financial soundness…
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…