Nigeria’s foremost entrepreneur, Femi Otedola, has appealed to President Bola Tinubu to release the full report by the Aigboje Aig-Imoukhuede […]
Continue readingCategory Archives: ECONOMY
World Bank Approves $500m Loan For Nigeria’s Digital Expansion, $250m For HealthÂ
The World Bank is set to approve two loans totalling $750m for Nigeria on Tuesday, September 30, 2025, according to […]
Continue reading‘Economic Sabotage’, Dangote Reacts To PENGASSAN’s Directive, Says Fuel Price Hike Imminent
Dangote Petroleum Refinery has warned that the recent directive issued by the Petroleum and Natural Gas Senior Staff Association of […]
Continue readingNaira Ranks Ninth Weakest Currency In Africa
The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report […]
Continue readingNigerian Crude Oil Hits $70/barrel Amid Global TensionsÂ
Nigerian crude settled at about $70 per barrel, up from $68 earlier in the week. This is because U.S. crude […]
Continue readingBUA Boss Predicts Naira Will Strengthen To N1,300 By Year-end
Abdul Samad Rabiu, president of BUA Group, has predicted that the naira will strengthen to between ₦1,300 and ₦1,400 to […]
Continue readingCBN Introduces 75% CRR On Non-TSA Public Sector Deposits
The Central Bank of Nigeria (CBN) has introduced a 75 percent cash reserve ratio (CRR) on non-treasury single account (TSA) […]
Continue readingFLASH: CBN Cuts Interest Rate To 27%
The Central Bank of Nigeria (CBN), on Tuesday, announced a reduction in its Monetary Policy Rate (MPR) by 50 basis […]
Continue readingNigeria’s Economy Grows By 4.23 Percent In Q2 2025
Nigeria’s economy grew by 4.23 percent year-on-year in real terms in the second quarter of 2025, according to the National […]
Continue readingNigeria Met 96% OPEC Quota In August; Output Averaged 1.63 Million Barrels Per Day: NUPRC
Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bopd) of crude oil […]
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