Friday, June 26, 2026
West Africa’s economy declines to 3.8% amid slow recovery
By Onome Amuge. West Africa experienced slower economic growth over the past year as the region’s average gross domestic...
Read moreDetailsNigeria railways highly vulnerable as debt service, revenue in mismatch
N218.7bn debt service vs. N20.8bn revenue Concession, market-reflective tickets suggested Will China pounce? About 125 years after the first railway...
Read moreDetailsNLC threatens indefinite nationwide strike from August 2 over FG’s anti-poor policies
The Nigeria Labour Congress (NLC) has issued the federal government a seven-day ultimatum to reverse all perceived anti-poor policies, including...
Read moreDetailsCBN monetary policy committee raises interest rate to 18.75%
By Onome Amuge. The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has in its July 2023...
Read moreDetailsUzodimma talks up Imo State’s N7.66trn GDP, 70% new business growth rate
Saby Elemba in Owerri Governor Hope Uzodimma of Imo State has claimed that the state has taken a leap in...
Read moreDetailsIMF expert sees lifeline for CBN’s e-Naira in mobile money
Nigeria’s underperforming e-Naira, Africa’s first and the world’s second central bank digital currency (CBDC) introduced in October 2021 by the...
Read moreDetailsFAAC allocation to federal govt, subnationals rises to N907.054bn in June
By Onome Amuge. The Federation Account Allocation Committee (FAAC) has shared a total sum of N907.054 billion federation account revenue...
Read moreDetailsTinubu approves infrastructure support funds for states to cushion effects of subsidy removal
President Bola Tinubu has approved the establishment of Infrastructure Support Fund (ISF) for the 36 States of the federation as...
Read moreDetailsFIRS records historic N5.5trn tax revenue in six months
By Onome Amuge. The Federal Inland Revenue Service (FIRS) says it generated a total tax revenue of N5.5 trillion in...
Read moreDetailsNOVA MB conversion to commercial bank begins as shareholders approve licence acquisition
By Cynthia Ezekwe. The process to convert to a retail bank for one of Nigeria's fastest growing wholesale banks, NOVA...
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