Monday, March 16, 2026
Dangote urges CBN to halt interest rate hikes over threats to economic growth, job creation
Business a.m. Aliko Dangote, president of Dangote Group,has identified the country’s high interest rates as an obstacle to economic growth,...
Read moreDetailsPrice pressure takes toll on Nigerian private sector as PMI slips to 7-month low
Business a.m. The Stanbic IBTC Purchasing Managers Index (PMI) plunged to a seven-month low in June, indicating a slowdown in...
Read moreDetailsNigeria records $3.38bn capital importation in Q1’24, up 210% amid rising foreign investment
Business a.m. Nigeria’s economy is experiencing a surge in foreign investment, with capital importation jumping by 210 percent quarter-on-quarter to...
Read moreDetailsNigerians seek refuge in personal loans as inflation nightmares linger
CYNTHIA EZEKWE IN LAGOS As the cost of living continues to soar, an increasing number of Nigerians are seeking out...
Read moreDetailsDelay in resolving $2.4bn CBN’s FX forwards contracts threatens economy
PHILLIP ISAKPA IN LONDON, UK The lingering delay by the Central Bank of Nigeria (CBN) to reach a final resolution...
Read moreDetailsCREDICORP, NIMC partnership to boost credit reporting for Nigerians with NINs
Joy Agwunobi In a move towards enhancing financial inclusion and improving the standard of living for Nigerians, the Nigerian Consumer...
Read moreDetailsSenate approves extension of 2023 Appropriation, Supplementary Acts to Dec. 31
The Senate has approved an amendment to the 2023 Appropriation and Supplementary Act, extending the implementation periods of both budgets...
Read moreDetailsNigeria welcomes $24 billion in FX inflows in Q1’24-CBN
Business a.m. Nigeria's economic inflows from foreign sources soared to $24 billion during the first quarter of 2024, according to...
Read moreDetailsDangote Refinery bounces back to normal operations after fire outbreak
The management of Dangote Petroleum Refinery, has assured the general public that the company, located near Lekki in Lagos, is...
Read moreDetailsNigeria’s ISPs under pressure as soaring operation costs threaten digital ambitions
Joy Agwunobi Once a luxury, now a necessity, the internet has become the lifeblood of modern society. From real-time communication...
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