Politics

President Tinubu ends State of emergency in Rivers State

September 17, 2025

Speaker directs investigation into alleged unfair recruitment exercise in National Assembly

August 31, 2025

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Politics

General news on the economy and politics.

Crude oil in Nigeria, Oil producing states in Nigeria, Department of Petroleum Resources, DPR yet to recognise Anambra Enugu and Kogis States as oil producers, West Africa’s crude inventory is building up as demand slows due to Coronavirus, Oil at $26, as Saudi Arabia in no retreat no surrender oil battle with Russia, Crude oil prices fall to $30 as COVID-19 erases gains from oil production cuts, Crude oil prices surge higher as Brent crude hits almost $30 per barrel , Brent crude plunges 5%, world’s second largest economy skips economic growth target

Nigeria cuts oil prices to get buyers

by Chike Olisah

A monitored report suggests that Nigeria has reduced the official selling prices for its crude oil so as to clear an inventory of...

Banks' stakeholders express 4 main concerns bothering the sector right now, CBN, MARKET UPDATE: CBN’s historic agriculture lending; Is it yielding the desired results?

CBN holds MPR at 13.5%, other parameters amidst recession concerns

by Samuel Oyekanmi

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has held the Monetary Policy Rate (MPR) constant...

Nasir El Rufai, Milk production, El Rufai, El-Rufai opens Kaduna state borders, Nigeria’s tax potentials remain untapped- Governor El-Rufai

Kaduna, Rivers States declare partial lockdown

by Ruth Okwumbu-Imafidon

Governors of Kaduna and Rivers States have both declared partial lockdowns in their respective states.

Why Nigeria is experiencing its worst inflation in 21 years

Avoiding 2016: What Nigeria should do to fight the coming economic storm

by walesmit

As most countries hunker down into some form of isolation to battle COVID-19, financial markets have been hit by a...

Tweak of exchange rates: A bold move from CBN?

by CSL Stockbrokers

The Central Bank of Nigeria (CBN) on Friday moved the official exchange rate from N307/US$1 to N360/US$1.

China lends helping hand, as Nigeria seeks support in fight against coronavirus

China lends helping hand, as Nigeria seeks support to curb coronavirus

by Chidinma Nwagbara

The Minister of Health, Dr Osagie Ehanire has called on China to assist Nigeria in the fight against the Coronavirus pandemic.

South Africa announces 21-day lockdown following spike in Coronavirus cases

by Chidinma Nwagbara

In a bid to reduce the spread of the Coronavirus in the country, South African President, Cyril Ramaphosa has announced...

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

CBN pays $4.45 billion external debt to World Bank, others in 2-month

by Bamidele Samuel Adesoji

Latest data obtained from the CBN reveals that Nigeria paid a whopping sum of $4.45 billion as external debt service/payment...

COVID-19: FG closes land borders, suspends FEC meetings indefinitely

by Ruth Okwumbu-Imafidon

FG has announced the immediate closure of all land borders in the country and indefinite suspension of the FEC meetings.

NDDC, Cash transfer, President Buhari, non-oil Exports, oil revenue, export revenue, FG Waives import duties for medical supplies, Orders Customs to expedite clearing, Presidency faults report on Kyari as Buhari didn’t cancel memos, appointments approved by him

The good, bad and ugly of low oil prices for Nigeria

by Olumide Adesina