Monetary Policy Committee (MPC) of the CBN at the end of its 296th bi-monthly policy meeting has raised the benchmark policy rate (MPR) by 50bps to...
Nigerian lawmakers passed legislation on Tuesday to more than double the minimum wage to N70,000 a month, ending months of wrangling between the government and labour...
Nigeria has in a bid to eliminate gas flaring by 2030, reaffirmed its commitment to combatting methane emissions, underscoring the nation’s pivotal role in global environmental...
President of the Africa Development Bank, Akinwunmi Adesina, has cautioned the Bola Tinubu administration to forego pettiness and make room for Dangote Refinery to thrive. He...
AfDB’s director-general for West Africa, Lamin Barrow, says the banks’ cumulative financing approval in Nigeria is $10.9 billion. Mr Barrow said this at a workshop on...
Today the local bourse managed to eke out a meagre 3bps to settle at 100,568.60 points. The market’s performance was primarily driven by gains in GTCO...
The Federal Government has announced plans to restructure an existing $500 million World Bank loan aimed at empowering Nigerian women. This was disclosed by the Minister...
Central Bank of Nigeria (CBN) has said that there was a 39 per cent increase in foreign exchange inflows into the country through International Money Transfer...
Lagos residents on average spend about 57 per cent of their working hours commuting to and from their work place, while 28% of their income is...
House of Representatives has set up a committee to investigate the allegations made by Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) against Dangote refinery and...