Friday, June 26, 2026
UK charges former petroleum minister,Allison-Madueke to court over alleged bribery
The UK government has announced bribery charges against Diezani Alison-Madueke, former Nigerian oil minister for allegedly receiving substantial financial rewards...
Read moreDetailsAU suspends Niger Republic over military coup
The African Union has suspended Niger from all of its institutions and activities following the July 26 coup “until the...
Read moreDetailsLCCI predicts short-term decline in manufacturing sector as consumer demand shrinks
By Onome Amuge. Nigeria’s manufacturing sector is expected to remain weak in the short term due to squeezed consumer spending...
Read moreDetailsTinubu faces ‘political motivation’ vs. ‘independence’ choices for CBN governor
When the curtains are drawn today, August 21, 2023, a new head of the Nigerian treasury, officially designated ‘Minister of...
Read moreDetailsCBN introduces price verification system portal for FX transactions
The Central Bank of Nigeria (CBN) has introduced a foreign exchange price verification system designed for importers to have access...
Read moreDetailsNigeria’s inflation rate soars for 7th consecutive month to 24.08% in July
By Onome Amuge. Nigeria’s inflation rate rose for the seventh straight month in the year to 24.08 per cent...
Read moreDetailsAnalysts question lack of institutional reforms in Tinubu’s policy approach
By Onome Amuge. Economic experts have stated the importance of institutional reforms , clarity and transparency to address the...
Read moreDetails$5bn-$10bn!: Big stash of dollars needed, fast, to stabilise naira spiral
Policymakers, in particular monetary policy chiefs at the Central Bank of Nigeria (CBN) and the broader economic policy czars at...
Read moreDetailsCBN’s long awaited financials reveal $7.5bn owed Goldman Sachs and JP Morgan
Business A.M The Central Bank of Nigeria (CBN) said it owes JP Morgan and Goldman Sachs a combined sum of...
Read moreDetailsECOWAS orders immediate military action against Niger’s military junta
By Onome Amuge. The Economic Community of West African States (ECOWAS) has placed defence chiefs in member states on standby...
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