Tuesday, June 16, 2026
CBN maintains interest rate at 27.5% following inflation rebase
Onome Amuge The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to maintain the...
Read moreDetailsNaira in circulation hits N5.24trn as bank credit contracts
Onome Amuge Nigeria's currency in circulation rose 7.3 percent from November 2024 to N5.235 trillion in January 2025. It was...
Read moreDetailsOil climbs amid global supply risks, uncertainty over Ukraine crisis
Onome Amuge Oil prices edged higher on Wednesday, as markets digested worries of potential disruptions in U.S. and Russian oil...
Read moreDetailsGold pauses near record highs as markets eye Trump tariffs, Fed signals
Onome Amuge Gold prices dipped slightly, Wednesday morning, but remained near record highs, with uncertainty surrounding trade tensions and interest...
Read moreDetailsNigeria’s inflation rate drops to 24.48% in January 2025
Joy Agwunobi The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate dropped to 24.48 per cent...
Read moreDetailsAnalysts see CBN easing policy rates aggression as MPC meets
Further increases in rate should not be expected- Prof. Uwaleke Onome Amuge The Central Bank of Nigeria (CBN) is set...
Read moreDetailsEXPOSED: How MTN Nigeria muzzles out indigenous Nigerian telecom firms
Joy Agwunobi Despite the steady growth of Nigeria’s telecommunications industry, the sector has become a tough battleground where smaller, homegrown...
Read moreDetailsNo cause for alarm, CBN tells customers of Keystone Bank
Says depositors funds safe Bamidele Famoofo Following the court order that the shares of Keystone Bank Limited previously held by...
Read moreDetailsNigerian banks on course to meet CBN’s 2026 recapitalisation deadline-Fitch
Onome Amuge Fitch Ratings has forecasted that Nigerian banks are on course to meet the March 2026 recapitalisation deadline imposed...
Read moreDetailsRelief for importers as NCS suspends 4% FOB charge
Onome Amuge The Nigerian Customs Service (NCS) has suspended the application of a controversial provision that imposed a four percent...
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