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Dangote Plans to List Up to 10 Percent of Refinery Shares

Aliko Dangote plans to list refinery shares and expand output to 1.4 million barrels per day through global partnerships and investment.
News

Nigeria Approves $1 Billion Lagos Port Modernisation Project

Nigeria launches a $1 billion Lagos port modernisation project to boost efficiency, enhance capacity, and position its ports for global competitiveness.
Business

The Untold Impact of Digital Currency Adoption on Nigeria’s Informal Economy

KEY POINTS Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such...
News

Two Sentenced in Lagos for Spraying Naira Notes at Social Event

KEY POINTS Two social media personalities, TDollar and TobiNation, were sentenced to six months...
Business

House of Representatives Calls for Suspension of CBN’s ATM Charges

KEY POINTS The House of Representatives has urged the CBN to suspend its planned...
News

Diaspora Remittances Surge 79 Percent To $4.18billion– Cardoso

CBN reports diaspora remittances up 79 Percent to $4.18bn in 9M’24.
News

Cardoso Calls for Skilled Graduates to Strengthen Finance Sector

CBN Governor Olayemi Cardoso stresses the need for more skilled finance graduates to drive Nigeria’s economic growth, calling for enhanced collaboration with academic institutions.
News

CBN to Reveal Owners of Dormant Accounts Annually

The CBN will publish the names of dormant account owners annually to enhance transparency and manage unclaimed balances effectively.
News

Nigeria’s Economic Woes: Poor Diversification, Excess Liquidity Cited by CBN

CBN Governor Yemi Cardoso attributes Nigeria's economic woes to poor diversification and excess liquidity, raising interest rates to combat inflation.
News

Nigeria’s Inflation Battle Intensifies as MPC Meets

Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.
News

Former Currency Director Denies Receiving Naira Redesign Minutes

Former CBN Director Ahmed Umar testifies he didn't receive minutes from the Naira redesign meeting, amidst the trial of suspended Governor Godwin Emefiele.
News

Why CBN Excluded Retained Earnings in Its Recapitalization Terms

In a move aimed at bolstering the stability of Nigeria's banking sector, the Central...
Business

CBN Sells Over N1 Trillion OMO Bills, Attracts Foreign Investors

The Central Bank of Nigeria (CBN) has announced the successful completion of a sale...
Business

CBN Clears $400 Million FX Backlog in One Week

The Central Bank of Nigeria (CBN) has cleared an additional $400 million of foreign...
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Latest articles

Business

Dangote Plans to List Up to 10 Percent of Refinery Shares

Aliko Dangote plans to list refinery shares and expand output to 1.4 million barrels per day through global partnerships and investment.
News

Nigeria Approves $1 Billion Lagos Port Modernisation Project

Nigeria launches a $1 billion Lagos port modernisation project to boost efficiency, enhance capacity, and position its ports for global competitiveness.
News

Wike, Elumelu Urge Stronger Investments to Tackle Poverty

Wike and Elumelu urge stronger investments to tackle poverty, calling for public-private collaboration to unlock Abuja’s and Africa’s economic potential
News

Ondo Government Calms Public After DSS Terror Alert Leak

Ondo government reassures residents after DSS terror alert leak, confirming that active security measures are underway to keep the state safe.

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