Thursday, March 26, 2026
Nigeria faces mid-2023 fiscal cliff over petrol subsidy removal, says Agusto
BY CHARLES ABUEDE A new report examining Nigeria’s beleaguered petrol supply years of intricacies by some expert analysts projects that...
Read moreDetailsCBN borrowings from commercial banks down 0.45% to N1.35trn in Q1
BY CHARLES ABUEDE A few years after Nigeria’s Central Bank initiated the Standing Deposit Facility (SDF) for Nigerian banks on...
Read moreDetailsNigeria’s president signs Executive Order 11 on national assets maintenance
BY CHARLES ABUEDE President Muhammadu Buhari of Nigeria on Wednesday signed an ‘Executive Order 11’ on national public buildings maintenance...
Read moreDetailsCBN can apply FX, prudential actions to ease monetary policy concerns, says IMF
BY CHARLES ABUEBE The Central Bank of Nigeria (CBN), along with other central banks across sub-Saharan Africa, should consider foreign...
Read moreDetailsRussia-Ukraine war drags global economic growth projection to 2.6%
BY ONOME AMUGE The lingering Ukraine-Russian war has placed a more daunting challenge on the global economy, leading to a...
Read moreDetailsNigeria’s $500m palm oil deficit worries OPGAN, stakeholders
BY ONOME AMUGE Despite being a major component for the production of over 40 essential items, excluding cooking, palm oil...
Read moreDetailsLagos Free Zone looks to recoup 21% of $3.5bn investment by 2024
The Lagos Free Zone (LFZ) is targeting to recoup 21 percent of the estimated $3.5 billion to be invested in...
Read moreDetailsNGX welcomes investors as DMO puts two FGN bonds on market list
BY CHARLES ABUEDE The Nigerian Exchange Limited (NGX) has opened its welcoming arms to investors with keen interest in government...
Read moreDetailsMTN Nigeria plans to raise N150bn in twin-series commercial papers
BY CHARLES ABUEDE MTN Nigeria, which provides telecoms and mobile money services across Nigeria said it will raise up to...
Read moreDetailsAirtel Nigeria gives revenue notice over government NIN-SIM directive
BY CHARLES ABUEDE Airtel Africa, which receives about 30 percent of its revenues from Airtel Nigeria has sent out a...
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