BUSINESSMETRIC
Discover more from Business Metrics. Subscribe now to keep reading and get access to the full archive.
MARKETS AND ECONOMY
Tony Elumelu Backs $15bn Investment Pipeline for West Africa
Tony Elumelu, chairman of Heirs Holdings and co-chair of the West Africa Integration and Investment Summit (WAIIS), is backing a proposed $15 billion investment pipeline aimed at addressing West Africa’s infrastructure deficit and accelerating regional economic development.The initiative involves identifying viable projects across the region and presenting them to...
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...
OPEC Slashes 2026 Oil Demand Growth Outlook by 1 Million bpd to 400,000 bpd
The Organisation of the Petroleum Exporting Countries (OPEC) has...
OPay Secures Approval for Dual Listing on NYSE, NGX
OPay has secured board and shareholder approval for a...
Fitch: Nigeria’s $54.9bn FX Reserves Contrast With Revenue, Debt-Service Pressures
Nigeria’s foreign exchange reserves have risen to $54.9bn as...
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...