Tuesday, June 23, 2026
FG settles N4.83trn ways & means advances to CBN using T-Bills,bonds
The federal government has earmarked a total of N4.83 trillion out of the proceeds of Nigerian Treasury Bills (NTBs) and...
Read moreDetailsAfrica’s economic growth projected at 3.4% for 2024, but uncertainties loom large, says World Bank
Onome Amuge Sub-Saharan Africa’s economy is expected to rebound from a low of 2.6 per cent in 2023 to 3.4...
Read moreDetailsNigerians muster robust outcries against new electricity tariff hike
ONOME AMUGE As the Naira continues to gain ground in the parallel market, it would be easy to assume that...
Read moreDetailsBank recapitalisation: Financial experts, economists, development analysts weigh in
Requires dilution of strong ownership structure Possibly to drive innovation Lenders to comb the ‘streets’ in search of investors...
Read moreDetailsFAO food price index ticks in March on higher vegetable oil prices
Reverses seven-month slide Onome Amuge The Food and Agriculture Organization (FAO) has for the first time in seven months,...
Read moreDetailsdeVere’s Green reveals 2 unsung heroes of gold’s record-high surge
Business a.m. Two key but often overlooked factors are driving the gold price higher: China's consistent accumulation of the precious...
Read moreDetailsNERC says new electricity tariff will cut 2024 subsidies by N1.14trn
Business a.m. The Nigerian Electricity Regulatory Commission (NERC) has announced that the newly approved electricity tariffs for 2024, particularly the...
Read moreDetailsAfrica’s private capital market slips to $5.9bn in 2023 as deal value sinks 22%
Business a.m. The African private capital market experienced a downturn in 2023, bucking a years-long trend of growth since 2016,...
Read moreDetailsNGX dips 0.32% as bank recapitalisation fears weigh on sentiment
The All-Share Index, the benchmark index for the Nigerian stock market, extended its decline from the Easter break, falling another...
Read moreDetailsNERC ups tariffs to N225/KWh for Band A electricity consumers
Business a.m. The Nigerian Electricity Regulatory Commission (NERC), with the backing of the federal government, has approved a 245 per...
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“Black”, “Africa/n” as racial slurs need to be replaced