2024 budget: Current market dynamics favour projected crude oil output, benchmark price, says Kyari
Prevailing dynamics an sentiments in the international crude oil market favour the projected crude oil production and price benchmarks in...
Currency in circulation rises to over N3.4tr, as CBN assures of adequate cash supply
With total currency in circulation rising to over N3.4 Trillion as at December 11,2023, the Central Bank of Nigeria (CBN)...
Labour faults planned restructuring of TCN, sale of govt. equity in DISCOs
The plan by the Federal Government to restructure the Transmission Company of Nigeria (TCN) could spell doom for the nation’s...
NSIA hands over completed 2nd Niger Bridge to Nigerian govt.
After completing the construction of the multi-billion Naira second Niger Bridge, Nigeria Sovereign Investment Authority (NSIA) says it recently performed...
Six months in office: Tinubu’s Redemption Way or Road to Golgotha?
By Kalu Okoronkwo President Bola Ahmed Tinubu's assumption of office on May 29, 2023 marked a critical moment in Nigeria's...
Amid reports of decline in total qualifying capital, CBN insists Nigerian banks remain resilient
Despite a decline in the total qualifying capital of the nation’s 24 commercial banks relative to the increase in risk...
CBN suspends payment of processing fees on cash deposits by bank customers
Effective immediately and until April 2024 ending, cash deposits by customers in commercial banks will henceforth not attract processing fees,...
COP28: IMF raises $100bn funding to provide loans to low-income countries to fight poverty, others
The International Monetary Fund (IMF) has successfully raised over $100 billion in new financing from its buoyant advanced economies for...
COP28: Pressure mounts on IMF to deploy Special Drawing Rights through multilateral development banks
The Governments of France, Japan, Spain and the UK together with Brazil have supported calls for the International Monetary Fund...
ECOWAS court rejects demand for sanctions to be lifted against Niger Republic
The Economic Community of West African State (ECOWAS) Court of Justice has rejected an application by Niger Republic seeking an order...