Nigeria’s major power challenge is getting electricity to the consumer
Rocky Mountain Institute’s James Sherwood and Sachi Garber shared their thoughts with business a.m. BUKOLA ODUFADE on Nigeria’s prospects for ...
Friday, April 3, 2026
Tag: CBN
CBN moves to establish payment service banks
The Central Bank of Nigeria has decided to create a new set of financial institutions called payment service banks. ...
Buhari’s N5trn subsidy leakages seen in petrol, forex, power tariffs
Healthcare, education suffer Rewane, Chike-Obi call for scrapping Nigeria has been losing about N5 trillion annually for the past three ...
FG orders investigation into Skye Bank’s failure, says those culpable would be prosecuted
The Federal Government has promised to persecute all those found to be responsible for the failure of the erstwhile Skye ...
Grain prices firm as market, defies undermine rain, export prospects
Corn and soybean futures were on Thursday firm in Chicago as the prospect of rain threatened to disrupt harvesting of ...
Nigeria faces looming rice shortage over flood unless farmers replant, warns agriculture minister
Scarcity of rice is imminent in Nigeria next year with resultant hike in prices unless farmers take appropriate measures to ...
Nigeria’s August revenues at N745.5bn fell 32.7% below budget
The Federal Government of Nigeria earned N745.52 billion, as its gross federally collected revenue (gross) in August, 2018. This figure ...
Supply anxiety raises aluminium price to one month high
Aluminium touched its highest price in more than three months on Thursday, supported by concerns over potential shortages after the ...
Nigeria’s active mobile lines decreases to 161.4 million in July – NCC
The Nigerian Communications Commission (NCC) in a recent report said active mobile telephone lines in Nigeria decreased in the month ...
Sell-offs hit Nigerian blue chips as market year-to-date loss worsens to 15%
Continued sell-offs in Nigerian blue chips Wednesday worsened market year-to-date loss to 15 percent as investors weigh investment options on ...
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