BUSINESSMETRIC
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MARKETS AND ECONOMY
FG Targets 7% Economic Growth as IMF Projects 4.3% for Nigeria in 2027
Nigeria’s Federal Government has set a 7 per cent economic growth target, exceeding the International Monetary Fund’s (IMF) projection of 4.3 per cent for 2027, as it seeks to accelerate economic expansion through ongoing reforms and lower inflation.The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele,...
NNPC Pursues IPO Readiness as H1 2026 Profit Falls to N2.28tn
The Nigerian National Petroleum Company Limited (NNPC Ltd.) is...
Shell Agrees to Sell Shell Nigeria Gas Group to Vaaris Energy
British energy, Shell has agreed to sell its entire...
Nigeria’s Crude Oil Output Hits 1.53m bpd in September, Exceeds OPEC Quota for Fifth Month
Nigeria’s crude oil production averaged 1.53 million barrels per...
NNPC’s Interest Payments on Crude-Backed Deals Surge 171.4% to N686.94bn in 2025
The Nigerian National Petroleum Company Limited (NNPC) spent N686.94...
IMF Projects Nigeria’s GDP Growth at 4.3% in 2027 as Inflation Eases to 14.7%
The International Monetary Fund (IMF) has projected Nigeria’s economic...
Dangote Refinery Extends IPO Deadline by Two Weeks to October 27
Dangote Refinery has extended the closing date of its...
Tech World
FINANCE
Nigeria’s Foreign Reserves Hit $55.1bn, Highest in 18 Years – Cardoso
Nigeria’s foreign exchange reserves have risen to $55.1 billion, their highest level in 18 years, as the Central Bank of Nigeria (CBN) says the country’s stronger external buffers are helping protect the economy from global shocks.Olayemi Cardoso, governor of the CBN, disclosed this at the IMF–World Bank Annual Meetings...
PalmPay Strengthens Customer Support with New Tools for Safer Digital Banking
As Customer Service Week 2026 gets underway, digital banking...
Women-Owned Businesses Account For 36% Of Moniepoint’s MSME Lending
Women-owned businesses accounted for 36 per cent of Moniepoint’s...
CBN’s Data Localisation Directive Will Put Digital Payment Infrastructure to the Test – Hakeem Adeniji-Adele
Nigeria’s plan to require payment companies to host transaction...
Bank Liquidity Jumps 37% To N8.84tn Ahead Of N4.69tn CBN OMO Debit
Liquidity in Nigeria’s banking system rose 37.01 per cent...
NIBSS Fraud Desk Commends PalmPay’s Customer Protection Drive
PalmPay’s upgraded Security Center has received recognition from the...
Banks, Fintechs Seek More Time As CBN Data Localisation Deadline Nears
Nigeria’s CBN data localisation policy is entering a critical...
GENERAL NEWS
INEC Deploys AI, 57,000 BVAS Devices To Strengthen 2027 Elections
The Independent National Electoral Commission (INEC) has deployed artificial...
Tinubu Attends MKO Documentary Premiere, Honours June 12 Heroes
President Bola Ahmed Tinubu on Wednesday joined political leaders...
FG’s Electricity Subsidy Falls N37bn To N321bn As DisCos Cut Power Offtake
The Federal Government’s electricity subsidy obligation fell by N37.06...
Tinubu Targets 23m Unconnected Nigerians in Digital Jobs Push
President Bola Ahmed Tinubu has placed digital connectivity for...
Tinubu Declares End of Economic Emergency in Independence Day Speech
President Bola Ahmed Tinubu has declared that Nigeria’s period...
Nigeria Must Shift From Economic Stabilisation To Productivity — CPPE
The Centre for the Promotion of Private Enterprise (CPPE)...
Tinubu Returns To Nigeria Ahead Of Independence Day, 2027 Meetings
President Bola Ahmed Tinubu has ended his working vacation...
media outreach
Travels & Aviation
Appointments & RECOGNITIONS
VIEWPOINTS
307th MPC Meeting: CBN Caught between Inflation and Economy Crying for Credit
By BLAISE UDUNZEThe Central Bank of Nigeria (CBN) heads into its 307th Monetary Policy Committee meeting this week facing...

