Sunday, April 12, 2026
Tinubu approves local currency crude oil sales to Dangote Refinery, local counterparts
Business a.m. President Bola Tinubu has approved the sale of crude oil to indigenous refineries including Dangote Refinery in the...
Read moreDetailsAnalysts worry over outcomes of #EndBadGovernance protests
Economy put on edge ₦trillion losses if protests become violent ONOME AMUGE IN LAGOS The rumblings of protest have...
Read moreDetailsAir travel to become more expensive hint BA owner IAG chief, NAMA policyÂ
PHILLIP ISAKPA IN LONDON & SADE WILLIAMS IN LAGOS Airline passengers have been given the strongest hints yet to brace...
Read moreDetailsNERC strips NBET of middleman role in DisCo-GenCo transactions
Onome Amuge In a recent move to shake up Nigeria's electricity market, the Nigerian Electricity Regulatory Commission (NERC) said it...
Read moreDetailsCBN reports 83% decline in FX allocation for foreign education in Q1 2024
Business a.m. The Nigerian diaspora's expenditure on education overseas plunged between January and March 2024, with $38.17 million spent, representing...
Read moreDetailsFood inflation persists in Nigeria as NBS reports continued increases across staple foods in June
Business a.m. The National Bureau of Statistics (NBS) has revealed that prices of common food items including rice, garri, tomato,...
Read moreDetailsDisCos net N291bn, 79.11% billing efficiency amid 673 megawatts loss in Q1’24
Business a.m. Nigerian Electricity Distribution Companies (DisCos) surpassed their revenue collection targets in the first quarter of 2024, generating N291.62...
Read moreDetailsCBN hikes MPR by 50 basis points to 26.75%
Business a.m. The Central Bank of Nigeria (CBN) has once again hiked its monetary policy rate (MPR), marking the 11th...
Read moreDetailsSenate approves N70,000 minimum wage bill
Business a.m. The senate has officially approved a bill that seeks to amend the National Minimum Wage Act of 2019....
Read moreDetailsHawkish MPC rate expectation, but Afrinvest, Uwaleke, Yusuf vote ‘HOLD’
CBN conventional inflation tool failing Aggressive rate hike taking toll on production Monetary policy instrument overstretched But 25bps to...
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