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World Bank Group has called on the Nigerian government to urgently reduce high import tariffs and lift certain import bans as a fast-track measure to ease...
Credit to the private sector rose sharply in October 2025, climbing to N74.41 trillion from N72.53 trillion in September, based on the Central Bank of Nigeria’s...
Senate has promised that when it resumes plenaries, it would repeal and even enact news laws to fine tune the Petroleum Industry Act, PIA, and others,...
National Industrial Court of Nigeria (NICN), on Thursday, awarded a fine against the Central Bank of Nigeria (CBN) for stalling the hearing of the suits filed...
The Board of Directors of the African Development Bank Group, meeting in Abidjan, approved a $500 million loan to the Government of the Federal Republic of...
Ecobank Nigeria, a member of Africa’s leading pan-African banking group, has announced the launch of the Ecobank SME Bazaar—a two-weekend festive marketplace designed to celebrate local...
The Central Bank of Nigeria (CBN) has said that16 banks have so far met the new capital requirements for their various licences, some four months before...
Ghana’s central bank cut its main interest rate by 350 basis points to 18.0% on Wednesday, citing an improved economic outlook and expectations for further declines...
Speaker Mudashiru Obasa says Lagos’ ₦4.237 trillion 2026 budget must clearly align with the people’s aspirations and address their most urgent social and economic needs. He...
Andrey Pudelyshev, Russia’s ambassador extraordinary and plenipotentiary to Nigeria, has reaffirmed Russia’s commitment to deepening cooperation with Nigeria across key sectors of the economy. Mr Pudelyshev...
Nigerian Air Force and the Nigerian National Petroleum Company Ltd. have strengthened collaboration to boost the security of the nation’s critical oil and gas infrastructure. This...
Central Bank of Nigeria Monetary Policy Committee has retained the Monetary Policy Rate at 27 per cent, maintaining its tight monetary policy as part of ongoing efforts to rein in...
Lagos State Governor, Babajide Sanwo-Olu, on Tuesday presented a record-breaking N4.237 trillion budget proposal for the 2026 fiscal year to the State House of Assembly in...
Dangote Group is pleased to announce that it has entered a strategic partnership with Honeywell International Inc to support the next phase of expansion of the...
At the recent Bloomberg Africa Business Summit, some of the continent’s most influential banking leaders convened to address a defining question for Africa’s economic trajectory: How...