Thursday, August 6, 2026
World 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...
Read moreDetailsMalabu: JP Morgan to appeal judgement allowing its prosecution by Nigerian govt
Indications emerged Thursday that JP Morgan Chase will appeal a court decision that dismissed its motion to halt its prosecution...
Read moreDetailsEmefiele meets service chiefs over presidential order on local uniform sourcing
Tola Akinmutimi The Governor of the Central Bank of Nigeria, Godwin Emefiele, Thursday met with service chiefs and heads of...
Read moreDetailsExternal debt servicing gulps $357.26m in three months
The federal government spent a total of $357.26m in the first three months of the year to service external debt,...
Read moreDetailsTelcos challenge Nigerian government to close $120bn internet funding gap
By Samson Echenim Telecommunication companies in Nigeria have called on the federal government to map out clear-cut policies to develop...
Read moreDetailsNo plans to hike fuel price says NNPC
The Nigerian National Petroleum Corporation on Thursday advised motorists and other petroleum product consumers to disregard the trending rumour of...
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