Economy
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117FCCPC Vows Stricter action on Fake Goods, Price-Fixing in Markets
The Federal Competition and Consumer Protection Commission (FCCPC) says it is intensifying enforcement against deceptive trade practices, price-fixing cartels, and counterfeit goods...
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125CBN Affirms Strength of Banking Sector, Lauds ongoing Capital Adequacy Boost
Issues Routine Transitional Guidance for Select Institutions BY Bonny Amadi The Central Bank of Nigeria (CBN) has once again, reiterated the formidable...
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120Inflation rate drops to 22.97%, Food Inflation surges —NBS Report
BY BONNY AMADI The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate has dropped to 22.97 percent in May 2025,...
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132Nigeria’s Oil Production Drops to 1.65 Million Barrels Daily In May
Second Lowest In 2025 Data published by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the country’s crude oil production...
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140Why CBN halted Dividend, Foreign Investments for Banks under forbearance
BY Bonny Amadi The Central Bank of Nigeria (CBN) has ordered banks currently operating under regulatory forbearance to suspend dividend payments to...
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96
No Deadline Extension for BDC Operators’ Recapitalization — CBN
Over 3 million Jobs at risk BY BONNY AMADI Nigeria risks over three million job losses, as the Central Bank of Nigeria...
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66FG Expresses commitment to Forward Crude Oil Sale
No decision Reached Yet The Nigerian government on Wednesday restated its commitment to the Forward Crude oil sales, even though no decision...
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112FG’s $5bn Oil-Backed Loan Deal with Aramco Threatened by Nigeria’s Oil Price Slump
The $5billion oil backed loan deal the Nigerian government entered with Saudi Arabia’s oil giant, Aramco, is being threatened by Nigeria’s declining...
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108AfDB cuts sod for construction of permanent Country Office
Cementing over five-decades of partnership with Zambia The African Development Bank (AfDB) Group commenced construction of its permanent country office in Lusaka...
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92World Bank Forecasts 3.6% Economy growth for Nigeria
Behind 18 Other African Countries BY BONNY AMADI The Global Economic Prospects report of the World Bank reveals that Nigeria’s Gross Domestic...
