Latest News
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195Banking & FinanceAfreximbank Mulls $10b to Shield Nigeria, Others from Gulf Crisis
To mitigate the economic shocks triggered by the escalating conflict in the Middle East, the Board of Directors of African Export-Import Bank...
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464Business NewsNigeria, Indonesia Deepen Economic Ties
Nigeria and Indonesia have taken a significant step towards strengthening bilateral relations, as the Ambassador of the Republic of Indonesia to Nigeria,...
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190Economy & MarketOil Shock: W’Bank Predicts 3.1-Point Inflation Rise for Nigeria
The World Bank has warned that the ongoing surge in global oil prices could directly add around 3.1 percentage points to Nigeria’s...
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447Foreign NewsOil Slides Below $100 After Trump Announces Two-Week Ceasefire
Oil fell below $100 per barrel on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with...
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188Banking & FinanceBanks to Undergo Regular Stress Tests Under New CBN Framework
The Central Bank of Nigeria (CBN) has disclosed plans to implement regular stress tests for all commercial banks in the country as...
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602Leadership & ManagementPEBEC Directs MDAs to Suspend New Policies to Strengthen EoDB
The Presidential Enabling Business Environment Council (PEBEC) has directed ministries, departments and agencies (MDAs) to suspend the introduction of new policies and...
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594MartimeFG Probes Alleged Marginalisation of Local Barge Operators
The Federal Government has directed the Nigerian Shippers’ Council (NSC) to investigate allegations of marginalisation of local barge operators in the country....
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574AgricultureNIPP to Transform Poultry Value Chain with $1b
To reduce poultry imports, ensure food security and lower consumer prices for eggs and meat, the National Integrated Poultry Project, an initiative...
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178Economy & MarketNSIA Profit Slumps 91% as FX Gains Fade, Reality Bites
The Nigeria Sovereign Investment Authority (NSIA) has reported a significant slump in its 2025 financial performance, with profit plunging by 91% as...
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657Telecoms & ITCBN’s BVN Overhaul Major Banking Security Boost
The Central Bank of Nigeria has introduced stricter Bank Verification Number enrolment and data access rules as part of efforts to curb...
