NAIRA APPRECIATES MASSIVELY AGAINST U.S DOLLAR ACROSS FX MARKETS
By: Sefiu Ajape The naira recorded significant gains against the United States dollar across both official and parallel markets on Friday, ending the week on...
EU SEEKS TO SPEED UP RUSSIAN GAS PHASE-OUT AFTER TRUMP PUSH
The European Union proposed Friday to bring forward a ban on Russian gas imports as part of a new package of sanctions aimed at sapping...
ELECTRICITY SUMMIT: GOVERNOR ENO PLEDGES RELIABLE POWER FOR ALL AKWA IBOMITES
By Shodayo Sunmisola Michael Governor Umo Eno has committed to addressing the persistent issue of unreliable power supply in Akwa Ibom State, asserting that electricity...
CBN ORDERS BANKS TO SECURE APPROVAL FOR MD/CEOS’ SUCCESSORS SIX MONTHS BEFORE EXIT
The Central Bank of Nigeria (CBN) has instructed all Domestic Systemically Important Banks (DSIBs) to announce the successors of their managing directors and chief executive...
EMBRACE DIALOGUE, STOP DEMONISING DANGOTE, NDUME URGES NUPENG, OTHERS
By Shodayo Sunmisola Michael Former Senate Leader, Ali Ndume, on Wednesday, warned labor unions and stakeholders within the oil sector against what he characterized as...
UK INFLATION STABLE AHEAD OF CENTRAL BANK RATE CALL
British inflation was unchanged in August, official data showed Wednesday, fuelling expectations that the Bank of England will not cut interest rates again at its...
CBN COMMITTED TO FINANCIAL INCLUSIVENESS, STIMULATING PRODUCTIVITY – CARDOSO
By Shodayo Sunmisola Michael The Central Bank of Nigeria (CBN) has reaffirmed its steadfast dedication to financial inclusivity and the enhancement of productivity to foster...
PRESIDENCY ASSURES NIGERIANS THAT INFLATION WILL SOON HIT SINGLE DIGIT
The Special Adviser to the President on Economic Affairs, Tope Fasua, has asserted that Nigerians can anticipate a decrease in inflation to a single digit...
FINANCE MINISTER SUSPENDS 4% FOB LEVY ON IMPORTED GOODS
By Aishat Momoh. O. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has ordered the Nigeria Customs Service (NCS) to...
UPDATED: NIGERIA’S INFLATION RATE EASES 5TH CONSECUTIVE MONTH TO 20.12% IN AUGUST
Nigeria's inflation rate decreased by 1.76 percentage points to 20.12 percent in August 2025, down from 21.88 percent in July 2025. This marks the fourth...