Economy
Tinubu Congratulates Aliko Dangote on World Bank Private Sector Investment Lab Appointment
President Bola Tinubu congratulated Alhaji Aliko Dangote, President of the Dangote Group, on his appointment to the World Bank’s Private Sector Investment Lab,...
Nigerian Banks Hike SMS Alert Fees to N6 from May 1 Amid Telecom Tariff Increase
Deposit Money Banks (DMBs) in Nigeria, including Guaranty Trust Bank (GTBank) and Ecobank, implemented a 50% increase in SMS transaction alert fees, raising...
CBN Governor Cardoso Highlights Tinubu’s Reforms at IMF/World Bank Spring Meetings
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has praised the economic reforms implemented by President Bola Ahmed Tinubu’s administration...
Dollar Gains as China Grants Tariff Exemptions, Signaling Trade War De-escalation
The U.S. dollar is on track for its first weekly gain since mid-March 2025, bolstered by signs of a potential thaw in the...
Nigeria’s FAAC Revenue Plummets by N194.6 Billion in February 2025
Nigeria’s Federation Account Allocation Committee (FAAC) reported a significant revenue decline of N194.664 billion in February 2025, with the total distributable revenue falling...
Nigeria Targets $300 Billion in Dead Capital Through Land Registration Overhaul
Nigeria’s Minister of Housing and Urban Development, Ahmed Dangiwa, has unveiled an ambitious plan to unlock approximately $300 billion in dormant capital within...
Naira’s Downward Spiral Continues: Hits N1,554.85 at Official Market, N1,590 in Black Market
The Nigerian naira has slumped against the U.S. dollar for the fourth consecutive time across both official and parallel foreign exchange markets, raising...
NNPC and Dangote Refinery Kick Off Talks for Naira-for-Crude Renewal
The Nigerian National Petroleum Company Limited (NNPCL) has launched fresh negotiations with the Dangote Petroleum Refinery to renew the naira-for-crude agreement, set to...
Nigeria’s Trade Boom: A Look at Q4 2024 Exports and Imports Across Africa
In the final quarter of 2024, Nigeria solidified its position as a key player in African trade, exporting goods worth N2.042 trillion to...
Rising Human Rights Violations in Nigeria: A 25% Surge in February 2025
The National Human Rights Commission (NHRC) of Nigeria reported a troubling 25% increase in human rights violation complaints in February 2025, with the...
