Monday, May 11, 2026
6 in 7 Covid-19 infections undetected in Africa as continent flies blind – WHO
A new assessment by the World Health Organisation (WHO) shows that only 14.2 percent – or one in seven Covid-19...
Read moreDetailsCBN breaches own law as overdrafts to FG grow
FG grappling with huge fiscal responsibilities Overleveraged on CBN’s Ways & Means N16.1trn credit to FG as of August...
Read moreDetailsNigeria’s mining sector in crisis, $9bn lost to illegal miners yearly
Foreigners, especially Chinese, big culprits Some private jets airlift minerals out of country Politicians collaborate with illegal miners Nigeria’s...
Read moreDetailsCBN says N477bn disbursed to MSMEs across Nigeria in QE-style interventions
N1trn to 269 real sector projects N103.02bn to 110 health sector projects The Central Bank of Nigeria (CBN)...
Read moreDetailsRoad to IPO: NNPC Ltd, successor firm to NOC, begins incorporation journey
Ararume succeeds Buhari as board chairman of new firm, NNPC Ltd Kyari takes CEO role, an executive for profit...
Read moreDetailsCBN stay hawkish on BDCs, FX arbitrageurs as MPC keeps rates flat
Jury still out on apex bank over Naira stability Policy rates call in tandem with expectations FX rates now...
Read moreDetailsAgusto & Co. affirms UBA’s ‘Aa-’ stable outlook rating
Agusto & Co., the pan-African credit rating agency, has affirmed the ‘Aa-‘ rating to United Bank for Africa (UBA), a...
Read moreDetailsBREAKING! United Airlines to operate Washington D.C.-Lagos flights direct with Dreamliner from Nov. 29
By Sade Williams/Business A.M. United Airlines on Friday announced that new service between Washington, D.C. and Lagos, Nigeria will...
Read moreDetailsBREAKING! CBN MPC holds all rates on need to ease demand pressure
When the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) brought forward its fifth policy meeting it...
Read moreDetailsNaira at lowest since pre-independence @ N570/$1, analysts expect N1000/$1 soon
CBN reacts, begins investigation into AbokiFx founder’s accounts More than 107 years after Nigeria was stitched into existence...
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