Sunday, May 17, 2026
Petrol subsidy creeps in five months after it was stopped
Nigerians are still yet to come to terms to new revelation that the Nigerian National Petroleum Corporation made an under-recovery...
Read moreDetailsHeavy FX demand CBN in tight policy angle on easing market pressures
By Charles Abuede Araft of recent events in Nigeria’s foreign exchange landscape has exposed its fragile state, and...
Read moreDetailsBDCs in great mood as CBN resumes forex sales to them Sept 7
Bureau de change houses are in a great mood after the Central Bank of Nigeria said it would resume the...
Read moreDetailsAugust PMI shows Nigeria’s economy in for more constrictions on pandemic
Charles Abuede PMI dips to 48.5 index points in August 2020 Key sectors contracting for the fourth straight month in...
Read moreDetailsAfDB’s Adesina gets second term to pursue bank’s ‘High 5’ development agenda for Africa
Charles Abuede AfDB President, Akinwumi Adesina Akinwumi Adesina has been re-elected as the president of the Africa Development Bank (AfDB)...
Read moreDetailsCovid-19: Africa to lose $173.1bn in GDP in 2020, $236bn next year, says AfDB
…as annual meetings kick off in Cote d’Ivoire with Adesina presiding …says continent lost a decade of economic growth ...
Read moreDetailsAfter the commissioning and handing over of the AfCFTA office by the president of Ghana to the AU, what next for Nigeria and West Africa?
Charles Abuede John Isemede; Trade expert and the Ex-DG of NACCIMA Africa, a continent of 55 countries that can...
Read moreDetailsEdo set to supply Nigerians with refined petrol, applies to NNPC for crude supply
Edo State may soon become a major supplier of refined petrol and petroleum products following the near completion of its...
Read moreDetailsSecond quarter GDP performance not so bad as thought-Presidency
Contrary to the widespread fears elicited by the negative GDP performance in the second quarter of 2020, the Presidency has...
Read moreDetailsFG-Siemens power deal to gulp $2.3bn out of $6.15bn energy fund – Minister
The federal government is to spend the sum of $2.3 billion on its power deal with Siemens, a german electrical ...
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