Business & Economy
Nigeria’s net foreign reserves rises to $34.80bn in December 2025, says Cardoso
By Bassey Udo Nigeria’s net foreign reserves rises to $34.80bn in December 2025, the Governor of the Central Bank of...
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Regional transformation: Afreximbank raises Caribbean community development financing cap to $5bn
By Bassey Udo Pan African Multilateral Bank, African Export-Import Bank (Afreximbank) has announced a major expansion of its engagement with...
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MPR cut heralds a shift by the economy towards real recovery, stability
By Bassey Udo At the end of its 304th meeting held on February 23 and 24, 2026, the 11-member Monetary...
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AU unveils facility to ease constraints to Africa infrastructure financing
By Bassey Udo The African Heads of State and Government have unveiled the Africa Infrastructure Financing Facility (AIFF) to accelerate...
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Recapitalisation: 20 banks fully compliant; 13 others in the frame for capital raising before deadline – Cardoso
By Bassey Udo A total of 20 commercial banks have fully met the new minimum capital requirements stipulated under the...
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Govt. must strengthen NAIC to mitigate agricultural risks, stabilise economy, says Uzoka-Anite
By Bassey Udo To mitigate agricultural risks and ensure the stability of the nation’s economy, the Federal Government must continue...
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N68.83trn growth drives Capital Market contribution to GDP to 33%
By Bassey Udo Nigeria’s capital market remarkable growth in market capitalisation since April 2024 by N68.83trn, or 125 percent, has...
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Executive Order: Finance Minister confirms ongoing review of template for cost of collection deductions by revenue generation agencies
By Bassey Udo A Federal Executive Council (FEC) committee is currently reviewing the, the Minister of Finance and Coordinating Minister...
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NSIA, Japanese govt. seal $50m Impact Innovation Fund deal to empower Nigerian startups
By Bassey Udo The Nigeria Sovereign Investment Authority (NSIA) and the Japanese government have agreed to set up a $50...
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Executive Order: Uzoka-Anite demands financial prudence, fiscal discipline by FAAC over expected oil, gas revenue windfall
By Bassey Udo Amid expectations that the Executive Order issued by President Bola Tinubu last week on the management of...
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