We Have Not Devalued Naira, Says Nigeria’s Central Bank; Describes Contrary Report As ‘Outright Falsehood’
The Central Bank of Nigeria has called on the public to disregard the news report published by the Daily trust…
While Oil production climbed to 1.5m barrels, GDP dropped in Q1 2023 – NBS
Nigeria’s oil production of crude oil has increased to an average of 1.51m barrels per day in the first quarter…
CBN announces revocation of licences of 139 microfinance banks, others [FULL LIST]
The Central Bank of Nigeria (CBN) has revoked the licences of 139 microfinance banks in the country, as well as…
Dangote Refinery: Aliko Dangote speaks on reason for venturing into oil business
For Africa’s richest man, Aliko Dangote, it is about determination and doggedness, steeped in fortitude that is today yielding dividends….
E-Business in Nigeria (What is obtainable)
By Chidinma Prisca Elebe ([email protected]) The latest trend in commerce is the ability to do business online. Online business commonly…
The Digitization of Africa’s Biggest Economy Sequel Naira Redesign and 2023 Presidential Election
By Ikenna Igwe The modern world we find ourselves in today is one that is fast becoming digitized in every…
Dangote Refinery Can Save Nigeria $10bn in FX, Generate Another $10bn in Exports – Aliko Dangote
Africa’s richest man and owner of the Dangote Refinery, Mr. Aliko Dangote, has said with the planned commencement of the…
CBN to utilise about N500bn in millions of dormant bank accounts
The Central Bank of Nigeria (CBN) has issued new guidelines to commercial banks on the operations of dormant accounts which…
[UPDATED] World Bank projects 3.2% growth in Nigeria’s Economy in 2023
The International Monetary Fund (IMF) has retained its growth forecast of 3.2 percent for Nigeria’s economy in 2023. The IMF,…
Those pushing for subsidy removal in Nigeria are out to set the country on fire -NLC warns govt
The Nigeria Labour Congress, NLC, has warned that those pushing for subsidy removal in Nigeria are out to set the…
Naira appreciates against dollar across different Forex segments
The Naira appreciated against the United States Dollar across the main segments of the foreign exchange (forex) market, the Peer-2-Peer…
Nigeria’s Public Debt Grow by 4.96%, Hits N46.25trn In Q4 2022 – NBS
Nigeria’s public debt stock which includes external and domestic debt hit a new mark of N46.25 trillion in Q4 2022…
Editorial: 2023 Elections, Nigerian Democracy and Its Self-Destructive Lacunae
By Daberechukwu Egbo Remember your secondary school subjects, History and Government, where you were taught that democracy is a government…
In Oyo, tribunal affirms Makinde’s re-election
The Governorship Election Petition Tribunal, sitting in Ibadan, the Oyo State capital, has upheld the re-election of Governor Seyi Makinde…
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