Economy
The appointment of Olayemi Cardoso as the new head of Nigeria’s central bank heralds a pivotal moment in the country’s monetary policy. Set to...
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On May 21, 2024, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded its 295th meeting with a pivotal decision:...
The People’s Redemption Party (PRP) has voiced concerns over Nigeria’s reliance on the economic policies of the Bretton Woods Institutions. These institutions, which include...
Nigeria’s recent announcement of its ₦5.4 trillion expenditure on fuel subsidies has generated significant discussion and concern. The Minister of Finance and the Coordinating...
Guaranty Trust Holding Company Plc (GTCO), Africa’s leading financial services institution, has been named Nigeria’s strongest brand and Best Banking Brand by Brand Finance...
The Federal Government of Nigeria recently announced a $3.5 billion agreement with the African Export-Import Bank (Afreximbank). This deal aims to enhance the textile...
The appointment of Olayemi Cardoso as the new head of Nigeria’s central bank heralds a pivotal moment in the country’s monetary policy. Set to...
In a significant turn of events, the Central Bank of Nigeria (CBN) has successfully fulfilled over 75 to 80% of outstanding mature FX forwards,...
The Group Chief Executive Officer of Nigeria’s National Oil Company (NNPC) Limited has recently addressed the ongoing debate regarding fuel subsidies in Nigeria. He...
In these uncertain economic times, the Nigerian Naira is grappling with the challenge of hitting N990 to a single US dollar. This alarming trend...
The Nigerian economy faces challenges, from currency fluctuations to manufacturing woes. The recent announcement of a $3 billion loan from Afreximbank has sparked interest...
One year ago, President Biden signed the Inflation Reduction Act, a significant law that aims to lower energy costs, create jobs, and address the...
Travellers are voicing their dismay and exasperation as airfares soar, making it increasingly difficult for them to embark on their desired journeys. The surging...
The President requested the National Assembly's approval for the sum.
Nigeria’s total installed capacity currently stands at 10,396 MW.
source Managing the COVID-19 pandemic’s challenging issues required innovative solutions from Africa’s banks, but the Russian invasion of Ukraine is adding to the burden...