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MARKETS AND ECONOMY
Ghana Signs MoU for $28bn Petroleum Hub Expansion, Plans 300,000-Bpd Refinery
Ghana has signed a $28 billion agreement for the expansion of its Petroleum Hub project in Jomoro, Western Region, with a proposed 300,000-barrel-per-stream-day refinery expected to strengthen the country's petroleum processing capacity and position it as a regional energy hub.The Petroleum Hub Development Corporation (PHDC) signed the agreement with...
FG Targets 7% Economic Growth as IMF Projects 4.3% for Nigeria in 2027
Nigeria’s Federal Government has set a 7 per cent...
CBN SDF Placements Rise 57.65% to N6.08trn Following N2.41trn OMO Repayment
Banks’ net placements at the Central Bank of Nigeria’s...
Nigeria’s FX Utilisation Rises 12.84% to $18.34bn in Q2 2026 as Services Demand Surges
Despite the strong contribution from autonomous sources, total FX...
Tony Elumelu Backs $15bn Investment Pipeline for West Africa
Tony Elumelu, chairman of Heirs Holdings and co-chair of...
Nigeria’s Headline Inflation Eases to 14.63% in September 2026 from 15.39% in August
Nigeria’s headline inflation rate eased to 14.63 per cent...
NNPC Pursues IPO Readiness as H1 2026 Profit Falls to N2.28tn
The Nigerian National Petroleum Company Limited (NNPC Ltd.) is...
Tech World
FINANCE
PalmPay Partners Police Cybercrime Centre to Strengthen Fraud Prevention Awareness
PalmPay has partnered with the Nigeria Police Force National Cybercrime Centre (NPF-NCCC) to strengthen cybersecurity awareness and promote fraud prevention, supporting the centre’s 2026 Cybersecurity Awareness Walk for the second consecutive year.The walk, held on October 17, 2026, formed part of a three-day programme themed “Towards a Resilient Cyberspace”,...
FG Clears N758bn Pension Backlog Dating Back To 2007 — PenCom
The Federal Government has cleared N758 billion in inherited...
Banks’ CBN SDF Placements Fall N942bn To N3.76tn
Banks’ deposits with the Central Bank of Nigeria (CBN)...
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...
GENERAL NEWS
AI Revolution Set To Redraw Global Economic Power Map — Akano
The artificial intelligence revolution could trigger one of the...
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)...
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...