Why does Nigeria, a country blessed with oil, gas, minerals, and millions of hardworking people, still…
Category: FINANCE/ECONOMY
CBN Retains Interest Rate At 27.5%
The decision to maintain the current MPR was premised on the need to continue to ensure…
AGF Denies FG’s Involvement In First Holdco Share Acquisition
The Attorney General of the Federation, Lateef Fagbemi, has denied the Federal Government’s involvement in the…
Otudeko exits First Holdco in N323b deal
A major shareholding change occurred at Nigeria’s oldest banking group, First Holdco Plc. Key shareholder Oba…
Nigeria’s Inflation Rate Drops To 22.22% In June 2025- Says NBS
Nigeria’s inflation rate eased to 22.22% in June 2025, down from 22.97% recorded in May, according…
CBN’s N2bn BDC recapitalisation threatens Northern operators – Forum
The Arewa Economic Forum has warned that the Central Bank of Nigeria’s new recapitalisation policy for…
Senate Launches Investigation Into Ponzi Schemes
The Senate has mandated a joint committee to investigate the alarming rise of Ponzi schemes across…
US Used Car Prices Surge As Tariffs Drive Market Volatility
Prices of some U.S. used vehicles are climbing again, last month hitting their largest annual increase…
Stocks Diverge As US Tariff Deadline Looms
Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals…
Nigerian banks resume international transactions on naira cards after three years
Three commercial banks in Nigeria have announced the re-activation of international transactions on their naira cards.…