President Bola Tinubu has announced plans to deepen Nigeria’s engagement with global investors, particularly in the oil, gas, and infrastructure sectors, as part of efforts […]
Category: Economy
CBN Reduces Interest Rate to 27%, First Cut Since 2020
The Monetary Policy Committee of the Central Bank of Nigeria has reduced the country’s benchmark interest rate to 27.00 per cent, the first cut in […]
NBS Announces 4.23% Economic Growth, Labour Disagrees
Nigeria’s Gross Domestic Product rose by 4.23 per cent year-on-year in real terms in the second quarter of 2025, according to the latest figures released […]
Kaduna State Governor Pledges To Complete Projects Without Borrowing.
Kaduna State Governor, Uba Sani, has assured residents that his administration will not borrow a single kobo to finance projects, declaring that all ongoing and […]
Nigeria to Take Delivery of First Dry Lease Aircraft in 20 Years
Nigeria is set to take delivery of its first dry lease aircraft in almost two decades, a major boost for the aviation industry. Minister of […]
2025 Budget in Limbo: National Assembly Orders Halt to Contract Circulars Over Capital Spending Delays
₦23.9tn Capital Projects May Spill Into 2026 Fiscal Year The National Assembly on Thursday issued a decisive directive to the Federal Ministry of Finance, […]
Dangote Announce Nigeria On Track On Fertiliser Exports
President of the Dangote Group, Aliko Dangote, has announced that Nigeria is on track to become a global leader in fertiliser and petrochemical exports, with […]
CBN Introduce Directive To Obtain Regulatory Approval For CEO’s
The Central Bank of Nigeria CBN has introduced a new directive mandating all Domestic Systemically Important Banks DSIBs to obtain regulatory approval for the appointment […]
Lokpobiri Urge Stronger Energy Intergration Across Africa
Nigeria’s Minister of State for Petroleum Resources Oil, Senator Heineken Lokpobiri, has called for stronger regional energy integration across Africa to address the continent’s $120 […]
Asian Markets Mixed Ahead of Expected US Federal Rate Cut
Asian stock markets showed a mixed performance today as investors adopted a cautious stance ahead of what is expected to be the first interest […]