Fuel, Electricity Blamed by 91% of Firms as Inflation Persists –CBN
Samuel Mobolaji Nearly all Nigerian businesses have blamed soaring energy costs, particularly fuel, diesel, and...
Finance & Economy
BDC Operators Face Uncertainty as CBN’s Recapitalization Deadline Expires Today
The Central Bank of Nigeria’s (CBN) recapitalisation deadline for Bureau De Change (BDC) operators officially...
Naira Gains to N1,610/$1 in Parallel Market, Signals Renewed Strength
Samuel Mobolaji The naira gained ground against the US dollar in the parallel market on...
IMF, Analysts Warn FG Over Rising Debt, loan Plans Hit N39trn
Samuel Mobolaji The International Monetary Fund (IMF) and financial analysts have expressed concern over Nigeria’s...
FG Yet To Disburse 2025 Budget Funds — Ex-minister
Former Minister of Solid Minerals Development, Dr. Kayode Fayemi has disclosed that nearly six...
Cash Outside Banks Falls Again in April as CBN Holds Rates Steady
Samuel Mobolaji Currency held outside Nigeria’s banking system declined for the second time in 2025,...
Tinubu Seeks NASS Approval for $21.5bn Borrowing Plan, €2.19bn, ¥15bn, €65m Grant
President Bola Ahmed Tinubu has formally requested the National Assembly’s approval for a $21.5 billion...
Nigeria’s Foreign Direct Investment Hits Record Low, Below 1% of GDP – World Bank
The World Bank has revealed that Nigeria was only able to attract foreign direct investment...
Q1 GDP to Rise Marginally as FX, Bank Reforms Cushion Economy
Nigeria’s Gross Domestic Product (GDP) is expected to post marginal growth in the first quarter...
Capital Market Vital to Nigeria’s $1trn Economy Ambition – Edun
Samuel Mobolaji The Minister of Finance and coordinating minister of the Economy, Mr. Wale Edun,...
