Spotlight
Based on the COP28 consensus agreement, Nigeria has 27 years to fully tap into its oil and gas sector
On Wednesday, December 13, delegates concluded the COP28 conference in Dubai by reaching an agreement to transition away from fossil...
Read moreDetails
Crypto asset adoption could undermine macro-financial stability- IMF
The International Monetary Fund (IMF) has warned that the widespread adoption of cryptocurrencies could undermine and pose serious consequences for...
Read moreDetails
Nigeria top recipient of World Bank credit in 2022 with $2.9 billion fresh loans – Report
The World Bank has disclosed that Nigeria was the top recipient of its fresh loans in 2022, with about $2.9...
Read moreDetails
As of October, NNPCL delivered N4.5 trillion to the federation account – Mele Kyari
Mele Kyari has said that the NNPCL delivered N4.5 trillion to the federation account in October 2023.
Read moreDetails
Currency in circulation exceeds pre-naira redesign level, hits N3.4 trillion in December as CBN assures Nigerians of adequate cash supply
The Central Bank of Nigeria (CBN) has disclosed that the currency in circulation (CIC) has reached a new year high...
Read moreDetails
OFFICIAL: CBN suspends new loan applications for Intervention Programs
The Central Bank of Nigeria (CBN) has announced a suspension of new loan applications under its Intervention Program and also...
Read moreDetails
Permanent Secretary seeks low-interest loan from BOI for completion of railway projects
Federal Ministry of Transportation seeks to access low-interest loans from the Bank of Industry (BOI) to fund railway projects nationwide.
Read moreDetails
Intraday high hits N1,186 as naira weakens marginally at official market
The intraday high recorded was N1186/$1 as the naira fell marginally against the U.S. dollar both at the official market...
Read moreDetailsNaira officially breaks below N1000/$ but faces U.S inflation data, interest rate decision
The Naira began the week on a strong note as it significantly appreciated against the US dollar on Monday at...
Read moreDetails
Nigeria’s crude oil production falls to 1.4 million barrels per day in November 2023
Nigeria's crude oil production fell to 1.4 million barrels per day in November 2023. This is according to data from...
Read moreDetails
