Monday, May 18, 2026
BREAKING! CBN’s MPC keeps policy rate at 11.50%, to avert recession, curtail inflationary pressure
By Charles Abuede Hopes Nigeria exits recession by end of Q4 2020 while inflation will head southwards Q1 2021...
Read moreDetailsNigeria: How civil unrest, violent crime, insurgency intensified risks for personal security – report
Analysts gauge rising inflation till year-end as macro-economic risk Nigeria’s N3.12trn debt servicing in 2021 budget heightens debt burden...
Read moreDetailsHands tied behind its back: CBN’s MPC sees challenges weigh on loosening rates
By Charles Abuede Challenges include: Skyrocketing inflation Pressure on FX and exchange rate Government revenue pressure Sluggish economic growth,...
Read moreDetailsCocoa market turns battleground as traders, producers engage in price scuffle
By Onome Amuge A price tussle between the world’s major cocoa producers and some of the biggest traders is...
Read moreDetailsCBN issues new directives on use of Forms M, LCs, other forms of payment
By Charles Abuede Name of beneficiary should be same as ultimate supplier of products Urges all authorised dealers to strictly...
Read moreDetailsAnambra State denies receiving N25bn DMO bond
Declares state healthy with lowest unemployment at 13.1% against national 27.1% Signposts BudgIT’s best fiscal responsibility index Anambra,...
Read moreDetailsGTB posts N142.28bn 9-months’ PAT, down 3.2% YoY, but Q3’20 up at N48.01bn
By Charles Abuede Nigeria’s Tier-1 lender, Guaranty Trust Bank Plc, has reported a profit after tax (PAT) of...
Read moreDetailsCovid-19 creates healthcare, fiscal, gender, jobs, labour divides in Africa, says AfDB’s Adesina
Urges Africa to mobilise its $1.8trn sovereign wealth, pension, mutual funds to rescue continent Only shared collective global responsibility...
Read moreDetailsNAICOM chief questions adequacy of existing insurance policies, suggests review
By Onome Amuge Sunday Thomas, Commissioner for Insurance and chief executive officer, National Insurance Commission (NAICOM) has expressed displeasure...
Read moreDetailsNigeria needs to create 19m jobs annually to tackle unemployment, says PEAC
By Onome Amuge Nigeria needs to create 19 million jobs annually in order to narrow the widening unemployment deficit...
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