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MARKETS AND ECONOMY
Nigeria’s Foreign Reserves Hit $55bn, Highest In 18 Years — Cardoso
Nigeria’s foreign exchange reserves have risen above $55 billion, the highest level in more than 18 years, Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has said.Cardoso disclosed this on Tuesday at a press briefing after the 307th meeting of the Monetary Policy Committee (MPC) in Abuja.The...
FG Targets Lower Transport Fares With CNG And Electric Buses
The Federal Government is working with state governments to...
Dangote Cement Targets 80Mta Capacity By 2030 Across Africa
Dangote Cement Plc plans to expand its production capacity...
Poor Infrastructure, Research Funding Widen Farmers’ Credit Gap — CBN
Poor infrastructure and inadequate funding for agricultural research are...
Chinese Retail Expansion Puts Nigeria’s SME Space Under Fresh Pressure
A fresh dispute between Nigerian traders and Chinese businesses...
Trillions Chase Nigerian Debt as Bond Market Opens to Fresh Foreign Demand
bond marketNigeria’s fixed-income market is entering a new phase...
N4.67trn Weekly Market Gain Lifts NGX Year-to-Date Return above 60%
Nigeria’s equities market rebounded sharply in the week ended...
Tech World
FINANCE
Access Bank Redeems $500m Eurobond After Five Years
Access Bank Plc has redeemed its $500m senior unsecured Eurobond five years after the debt was issued, with the bank funding the repayment from its own foreign currency liquidity resources.Access Holdings Plc, the parent company of Access Bank, disclosed this in a statement on Monday, saying the Eurobond matured...
AfDB Launches $5.1bn Plan to Cushion Africa Against Energy, Fertiliser Shocks
The African Development Bank (AfDB) Group has approved a...
CBN Debunks Viral $46bn Grant Approval Document, Warns Public Against Fraud
The Central Bank of Nigeria (CBN) has disowned a...
Police Arrest Woman Over Fake OPay Shutdown Notice
The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) has...
CBN Raises Alarm Over Terrorism Financing Risks in Financial Sector
The Central Bank of Nigeria (CBN) has raised concerns...
After Recapitalisation, NAICOM Turns to Digital Channels to Grow Nigeria’s Insurance Market
Following the recapitalisation of Nigeria’s insurance industry, the National...
FairMoney Surpasses 30 Million Registered Users in Nigeria
This milestone represents more than growth. It reflects the growing number of Nigerians choosing FairMoney for their everyday financial needs.
GENERAL NEWS
MPC Decision, FTSE Reclassification Set to Shape Nigeria’s Markets This Week
Nigeria’s financial markets are heading into a pivotal week...
Warren Buffett Hands Berkshire Hathaway Chairmanship to Son Howard
Warren Buffett has handed over the chairmanship of Berkshire...
NCC Empowers Over 100 Persons with Disabilities with Digital Skills in Lagos
The Nigerian Communications Commission (NCC) has trained over 100...
Sterling Bank Appoints Former NESG, Ecobank Chiefs As Independent Directors
Sterling Financial Holdings Company Plc has appointed former Nigerian...
Accra to Host Africa’s Top Public Sector Leaders for APSCA 2026
Ghana is set to take centre stage on the...
ASUU Issues Nationwide Strike Threat Over Unpaid Salaries, Agreement Implementation
The Academic Staff Union of Universities (ASUU) has threatened...
NAFDAC Raises Alarm Over Local Production Of Fake Goods In Nigeria
The National Agency for Food and Drug Administration and...
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...