Business & Economy

The Central Bank of Nigeria (CBN) announced a significant yet nuanced rise in the Monetary Policy Rate (MPR) by 25 basis points, elevating it from 27.25% to 27.50%. While this…

The International Financial Inclusion Conference (IFIC) 2024 took place on November 12–13 in Lagos, Nigeria, assembling global stakeholders to delve into the transformative potential of financial inclusion. Focusing on the…

The International Financial Inclusion Conference (IFIC) 2024 took place on November 12–13 in Lagos, Nigeria, assembling global stakeholders to delve into the transformative potential of financial inclusion. Focusing on the…

Under its current management, the Central Bank of Nigeria (CBN) has launched a series of robust initiatives to fortify Nigeria’s foreign exchange (forex) reserves and enhance confidence in the naira,…

Nigeria’s tax reform is underway with four Executive Bills currently before the National Assembly. These bills are the ‘Nigeria Tax Bill’, which replaces existing tax law with a modern framework;…

The latest increase in the pump price of petrol by the Nigerian National Petroleum Company Limited (NNPCL), has struck a devastating blow to millions of Nigerians already struggling under the…

The latest increase in the pump price of petrol by the Nigerian National Petroleum Company Limited (NNPCL), has struck a devastating blow to millions of Nigerians already struggling under the…

There is no hiding place for Nigerians as they grapple with different difficult circumstances of everyday subsistence. Frustration and despair intrude into Nigeria’s daily survival procedure unhindered. It seems alien…

In a bid to further combat inflation and stabilize the economy, the Central Bank of Nigeria (CBN) recently raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25%…

In the midst of Nigeria’s complex economic and political landscape, meaningful conversations become crucial catalysts for change. My recent discussion with Bolade Agbola, a distinguished Agricultural Economist, stockbroker, banker and…

The Nigerian economy is in dire straits, and many families cannot make ends meet in the drive for survival. Most of the presidents of African countries have just travelled to…

Assuming no unforeseen circumstances, Dangote Refinery is expected to make its first delivery of refined premium motor spirit, pms, to the Nigerian market by September 2024. The Federal Government has…

The recently published first-quarter report from the Central Bank of Nigeria (CBN) showcases a determined and strategic path for economic expansion and recovery. The report presents excellent performance measures that…

Central banks use inflation targeting to maintain economic growth and prices stability, with an inflation target. If inflation rises, central banks tighten monetary policy by increasing interest rates or other…

From the track records of Munirudeen Bola Oyebamiji, his appointment into the hitherto moribund National Inland Waterways Authority (NIWA) as its Managing Director/Chief Executive Officer (MD/CEO) is well deserved. Given…

By Paul Okojie In today’s globalized world, economic prosperity is closely intertwined with national security. For Nigeria, harnessing the power of counterintelligence can play a crucial role in crafting and…