Nigeria Economy Expands 4.23% in Q2, NBS Reports
Average daily crude production rose to 1.68 million barrels per day, compared with 1.41 million…
Trump Hikes H-1B Visa Fee to $100,000, Unveils $1 Million ‘Gold Card’ Residency Program
“The main thing is, we’re going to have great people coming in, and they’re going…
Atiku Warns Against Hasty Amendments to Petroleum Industry Act
“These moves, if not properly managed, could erode public trust, destabilize the sector, and compromise…
Moghalu Faults New Taxes, Demands Accountability in Governance
He stressed that accountability is a core principle of governance, one he said is lacking…
No Extra TIN Needed to Open Bank Accounts – FIRS Clarifies
According to FIRS, the new framework not only simplifies access to banking but also promotes…
CBN, Brazil’s Central Bank Open Talks to Strengthen Financial Cooperation
The talks between the CBN and Banco Central do Brasil mark an important step toward…
Budget Office to Release 2024 Budget Report, Q1–Q2 2025 Updates by September
The Office added that from the third quarter of 2025, all Budget Implementation Reports will…
CBN Orders Banks, POS Operators to Adopt ISO 20022 Standard by October 31
The directive also includes new compliance measures. All payment terminals must be equipped with native…
Tinubu Meets SEC DG, NGX Board in Brazil, Pledges More Market Reforms
He added that the expansion in market capitalisation and trading volumes reflected the strength of…
Tinubu Projects $1 Billion Trade and Investment Boost from TICAD9
“The summit provides a launchpad for lasting development and global partnerships, anchored on technology, talent,…
Nigeria’s Expensive Stocks: Why Investors Keep Paying a Premium on the NGX
From power and cement to consumer goods, real estate, and hospitality, several companies are priced…
Tinubu Has Stabilised Economy, Next Step is Growth, Says Okonjo-Iweala
“We now need to grow the economy and put in social safety nets so that…
NBS: Nigeria’s Food Inflation Eases to 22.74% in July 2025
The NBS attributed the sharp annual drop mainly to the change in the base year…
AfDB to Fund Ethiopia’s $7.8bn Bishoftu Airport
Ethiopian Airlines will contribute 20 per cent of the funding from its own resources, while…
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…