Wednesday, July 1, 2026
Investors, regulators discuss ways to grow investment in aviation sector
By Samson Echenim Private investors and regulators in the aviation sector are meeting right now at Raddison Blu Hotel, GRA...
Read moreDetailsShell, NNPC make fresh commitment to raise Nigeria’s crude oil reserves
State-owned oil company, the Nigerian National Petroleum Corporation (NNPC) and Anglo-Dutch oil giant, an age-old oil prospector in Nigeria, have...
Read moreDetailsNigeria’s, others’ mobile economy hits $150bn
The mobile ecosystem in Nigeria and other sub-Saharan African countries generated about $150 billion in economic value last year. This...
Read moreDetailsExternal debt rises by $15.3bn under Buhari
The nation’s external debt stock rose by 148 per cent in almost four years of the President Muhammadu Buhari administration,...
Read moreDetailsIMF to begin search for new leader as Lagarde resigns
Christine Lagarde will resign from the International Monetary Fund on September 12 as she awaits final word on her nomination...
Read moreDetailsWorld economy needs to avoid ‘self-inflicted wounds,’ IMF says
The U.S. economy is performing well but it’s not immune from external challenges that could affect its success, the acting...
Read moreDetailsNNPC awards crude-for-fuel swap contracts
The Nigerian National Petroleum Corporation (NNPC) has issued award letters for contracts to exchange crude oil for imported petroleum products,...
Read moreDetails$652m needed to reactivate, complete Ajaokuta steel plant -Audit
An audit conducted by Nigerian and Ukrainian experts showed that a total of $652m is required to reactivate and complete...
Read moreDetailsBanks make quick adjustment as deposits in CBN’s SDF drop 300%
By Moses Obajemu Nigerian banks appear to have adjusted quickly, and nicely too, with respect to the new rules...
Read moreDetailsAfreximbank’s $1bn AfCFTA support facility for member countries
Africa Export-Import Bank (Afreximbank), pan-African multilateral financial institution devoted to financing and promoting intra- and extra-African trade, apparently buoyed by...
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