Tuesday, June 23, 2026
CBN rate hike stirs fears of more pain for Nigerian SMEs
ONOME AMUGE & JOY AGWUNOBI As small and medium-sized enterprises (SMEs) in Nigeria grapple with rising borrowing costs, the...
Read moreDetails2023 renewables use sets record
Travel, vacation spend hits $4trn in 5yrs PHILLIP ISAKPA IN LONDON, UK Two sets of global data just released and...
Read moreDetailsCBN sets N500bn capital base for commercial banks with international authorisation
Business a.m The Central Bank of Nigeria (CBN) has released new minimum capital requirements for banks, requiring commercial banks with...
Read moreDetailsCBN tells HoR Remita got e-collection on merit
Justifies Remita's role in improving payment efficiency for MDAs The Central Bank of Nigeria (CBN) has clarified its decision to...
Read moreDetails4G ,5G adoption push Nigeria’s data usage to record-high 721,522 terabytes
Joy Agwunobi The Nigerian Communications Commission has reported a record-breaking 721,522 terabytes of data consumption in January 2024, the highest...
Read moreDetailsCBN jerks up benchmark interest rate to record-high 24.75% to tame inflation
Business a.m The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has raised the benchmark interest rate by...
Read moreDetailsNCC files suit against MTN, Karl Toriola, others over alleged copyright infringement
The Nigerian Copyright Commission (NCC) has filed criminal charges against telecommunications company MTN Nigeria, and Karl Toriola, CEO of...
Read moreDetailsNigeria’s public debt in race to N100trn by June, warn analysts
Debt builds up on unabating borrowings ONOME AMUGE IN LAGOS, NIGERIA With grim statistics showing unabating borrowings by the...
Read moreDetailsGlobal business insolvencies to stabilise higher in 2025 after accelerating in 2024
5 challenges make 2024 year of reality check for firms, economy PHILLIP ISAKPA IN LONDON, UK Average global business insolvencies,...
Read moreDetailsOil edges higher as concerns over supply disruptions mount
Business a.m. Tensions between Russia and Ukraine, and in the Middle East, led to a surge in oil prices on...
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