Wednesday, July 29, 2026
CBN hikes MPR for fourth time in a row amid soaring inflation
By Business AM The Central Bank of Nigeria (CBN) on Tuesday raised the benchmark interest rate, or Monetary Policy Rate...
Read moreDetailsSignature, new commercial bank, berths to offer better customer experience
By Cynthia Ezekwe ...We're working to open several locations across Nigeria, says Otti Signature Bank, a brainchild of Alex...
Read moreDetailsNigeria’s output growth to moderate to 3% in 2022, says IMF
The International Monetary Fund (IMF) has lowered Nigeria's projected GDP growth for 2022 from 3.4 percent to 3 percent, citing the country's weak oil...
Read moreDetailsLife insurers tweak business models amid turbulence, McKinsey report
OLIVIA NNOROM Performance disappointing in recent years Industry struggling to generate returns in excess of cost of capital ...
Read moreDetailsAcross Nigeria, inflation pangs hound businesses, households
BY ONOME AMUGE & CYNTHIA EZEKWE Prints 21.09% in October on flooding, import expenditure, production cost Graphic effects on...
Read moreDetailsExperts drum entrepreneurial potential of insect farming in Nigeria
By Onome Amuge Insects have been found to provide a variety of functions and benefits to humans, ranging from agriculture...
Read moreDetailsHow Nigeria can end fuel crisis, by experts
By Innocent Obasi Long queues at petrol stations have become a recurring sight in Nigeria, which used to be Africa’s...
Read moreDetailsNigeria to see further food price hikes in Q4 2022, says AFEX
By Onome Amuge The recent incidents of flooding resulting from incessant rainfall and larger global economic effects...
Read moreDetailsWorld Bank approves $13.5m blue economy financing plan for Nigeria, others
By Business AM The World Bank Group has okayed a new Blue Economy programme that will catalyse financing and provide...
Read moreDetailsCOP 27: Africa’s energy poverty keeps 600m people without access
BY MADUABUCHI EFEGADI …Hinders continent’s economic devt., industrialisation Africa’s energy poverty, which is a major constraint to...
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