Economy
In these uncertain economic times, the Nigerian Naira is grappling with the challenge of hitting N990 to a single US dollar. This alarming trend...
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Wema Bank: From Humble Beginnings to Major Player On May 2, 2024, Wema Bank, one of Nigeria’s oldest banks, turned 79 years old. It’s...
In a recent announcement, Nigeria’s electricity sector has seen a significant change with the deregulation of meter prices. This change is expected to affect...
The Big Change in Diesel Prices Recently, there’s been some good news about diesel prices in Nigeria. A big company called Dangote Petroleum Refinery...
In these uncertain economic times, the Nigerian Naira is grappling with the challenge of hitting N990 to a single US dollar. This alarming trend...
In July, the NPC, led by Acting Governor Volusia, increased Nigeria’s monetary policy rate by 25 basis points to 18.75% from 18.5% in May....
Nigeria’s President Bola Tinubu has approved the nomination of Olayemi Cardoso as the new Governor of the Central Bank of Nigeria. Cardoso’s Background and...
The Current State of Nigerian Aviation Chika Mbonu discusses the critical issues facing Nigeria’s aviation industry, highlighting the need for airport improvements, a focus...
The Nigerian economy faces challenges, from currency fluctuations to manufacturing woes. The recent announcement of a $3 billion loan from Afreximbank has sparked interest...
International Monetary Fund Managing Director Kristalina Georgieva predicts global monetary policies will diverge after major central banks tightened credit conditions to slow price gains,...
As fuel prices rise and operational expenses surge, airline operators are alarmed that a one-hour local flight within Nigeria might soon come with a...
In a significant development on June 16th, 2023, the Central Bank of Nigeria introduced major changes to its foreign exchange operations, consolidating various rate...
Oman’s Islamic banking sector has done really well. The banks that follow Islamic rules have earned a lot of money—$18.25 billion to be exact!...