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Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.
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CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.
News

Muazzam Mairawani Plans $600 Million Cement Plant in Kebbi

Muazzam Mairawani plans $600 million cement plant in Kebbi to rival Dangote and Rabiu while preparing a $225 million U.S. IPO.
News

Police Intensify Efforts to End Anambra ‘Sit-At-Home’

The Anambra police force has augmented their operations to stop disruptive Monday 'sit-at-home' orders and revive the local economic activities primarily in Nnewi and Ihiala.
News

NYSC Members React to Increased Allowance: “₦77K is Barely Enough”

The Federal Government begins disbursing ₦77,000 to NYSC members, but many express concerns that the amount is still insufficient for today’s economy.
Business

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.
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Diaspora Remittances Surge 79 Percent To $4.18billion– Cardoso

CBN reports diaspora remittances up 79 Percent to $4.18bn in 9M’24.
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CBN: Nigeria’s Economy to Grow by 4.1 Percent in 2025

Reforms demonstrate that Nigeria's economy will generate 4.1% growth with a 15% reduction in inflation according to the CBN.
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Dangote Explains Sales Dynamics Following Petrol Price Cut

Dangote cuts petrol price to N899, attributes it to forces of the market and commitment to Nigeria’s economy.
News

Fuel Subsidy Removal Unavoidable, Tinubu Defends

Tinubu restates no regrets on subsidy removal, says it was for recovery and fiscal discipline.
News

Nigeria Earns $1.7 Billion in Taxes from Foreign Firms Over 9 Months

Nigeria's tax revenue from foreign firms surged 44% in 9M 2024, hitting N2.57 trillion, amid compliance efforts.
Business

Dangote Refinery Slashes Petrol Price To N899.50

Dangote petrol price cut brings festive relief, says PETROAN.
News

Dangote Refinery Exports to Other Parts of The World

Dangote refinery exports PMS, diesel to Africa countries and Europe.
Business

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability
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News

Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.
News

CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.
News

EEDC Blames Power Supply Drop on Gas Shortages

EEDC says gas constraints disrupted generation, forcing load shedding and reducing electricity supply across the South-East as grid operators work to restore stability.
News

Trump Sues BBC for $10 Billion Over Edited Speech

Donald Trump sued the BBC for $10 billion, alleging an edited documentary misrepresented his January 6 speech and influenced the 2024 election

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