Tuesday, June 23, 2026
CBN hikes interest rate to 26.25% to tackle inflation, support currency
Business a.m. The Central Bank of Nigeria (CBN) has announced a 150 basis points increase in the benchmark interest rate,...
Read moreDetailsOne year on! Naira stability still elusive despite Tinubunomics policy adjustments — Agora Policy Note
Fundamental economic policy misalignment $ illiquidity hinders CBN’s ability to manage FX “It’s the economy, stupid” hits Nigerians PHILLIP...
Read moreDetails$47.53bn experiential marketing opp seen for growth seeking Nigerian businesses
ONOME AMUGE IN LAGOS, NIGERIA In a period of soaring inflation and dwindling consumer spending, Nigerian businesses, who are desperate...
Read moreDetailsOil inches upward as Iran’s helicopter crash fuels market uncertainty
Business a.m. Oil prices saw a slight increase on Monday following report surrounding the death of Iran's President Ebrahim Raisi,his...
Read moreDetailsEmirates return to Nigeria: To relaunch Lagos-Dubai flights on October 1
Business a.m Emirates Airlines has announced that it will resume services to Nigeria starting October 1, 2024, offering daily flights...
Read moreDetailsNigeria relaunches licensing round with 12 oil blocks
…Announces investment prospects, despite plummeting oil industry Ben Eguzozie Nigeria, seeking to accelerate upstream investment in its plummeting oil...
Read moreDetailsNigeria’s Inflation Soars to 33.69% in April 2024-NBS
Business a.m. The National Bureau of Statistics (NBS) has released the latest inflation data for Nigeria, which revealed a marked...
Read moreDetailsCorporate misconduct: 20 companies fined $7bn since Jan.
Fine a drop-in-the-ocean for 8 coys Giant Amazon can pay in 32 seconds Ben Eguzozie In the face of daily...
Read moreDetailsNigeria taps into N20trn pension funds to drive infrastructure development
Business a.m. The federal government has announced plans to unlock N20 trillion from the nation's pension funds to finance critical...
Read moreDetailsNigeria’s subnationals, under FX pressure, want suspension of foreign debt repayment
ONOME AMUGE IN LAGOS, NIGERIA Nigeria's foreign debt stock has been on a steady climb over the past year, hitting ...
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On the xenophobia issues among African nationals (2)