Toyota Nigeria Limited (TNL) has marked another significant milestone in its journey, having been listed as one of Nigeria’s top 50 brands and awarded the prestigious Auto Company of the…
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Bismark Rewane, Chief Executive of Financial Derivatives and a well-known economist, has criticized President Bola Ahmed Tinubu’s 15% inflation target for 2025, calling it unrealistic and merely aspirational. During an…
The Nigerian Naira has sustained its positive momentum, appreciating to N1,595 per dollar in the parallel market on Tuesday. This marks a significant improvement from N1,610 per dollar on Monday,…
Experts, policymakers, and stakeholders recently gathered in Abuja for a high-level symposium focused on the future of Nigeria’s oil and gas industry, which has been a key driver of the…
The Kenyan shilling remained steady against the U.S. dollar on Tuesday, holding firm at 128.90/129.40 per dollar—the same rate as the previous day. This stability has drawn attention from financial…
The NESG-Stanbic IBTC Business Confidence Monitor (BCM) report projects a hopeful decline in Nigeria’s inflation rate, forecasting it to reach 27.1% by December 2025. This offers optimism for businesses and…
By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission (NERC) has reported a 2.76% increase in electricity subsidies payable by the Federal Government for December 2024, reaching ₦199.64 billion, up…
The eagerly anticipated price cut in petroleum products following Dangote Refinery’s recent ex-depot price reduction is not expected to immediately translate into lower pump prices nationwide, according to the Petroleum…
Business
NADF and Niger State Government Sign N5bn Partnership for Large-Scale Rice and Maize Production
The National Agricultural Development Fund (NADF) and the Niger State Government have formalized a landmark N5 billion partnership aimed at boosting agriculture and improving food security in the region. The…
Business
CBN Secures N1.47 Trillion in Oversubscription for 364-Day Treasury Bills at 22.6% Stop Rate
The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), has reported a massive 283.42% oversubscription, securing N1.47 trillion in bids for the 364-day Treasury Bills…
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