Interest rate hike: Private sector, economists foresee fresh job losses, recession
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 400 ...
Saturday, August 22, 2026
Nigeria won’t stop oil exploration, FG tells Western nations
The Federal Government, on Tuesday, declared to Western nations in Europe and America that Nigeria would not stop the exploration ...
CBN plans tough sanctions for banks
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce ...
NNPCL plans to end fuel shortage in 10 years
The Nigerian National Petroleum Company Limited has assured Nigerians that the country’s energy scarcity will be over in the next ...
13 Key Insights into the Oronsaye Report
President Bola Tinubu's directive on Monday to fully implement the Oronsaye report has sparked discussions about the significant changes expected ...
Aviation Industry Faces Uncertainty Over Oronsaye Report
The aviation industry is experiencing a sense of unease regarding the potential full implementation of the Steve Oronsaye report on ...
CBN Intervenes in FX Market, Allocates $20,000 to Each BDC to Stabilize Naira
The Central Bank of Nigeria (CBN) has taken a decisive step to address the persistent distortions in Nigeria’s foreign exchange ...
Barth Nnaji: Why I Located $600m Geometric Power Plant in Aba
The Chairman of Geometric Power Group, Professor Barth Nnaji, has explained that his passion to contribute to industrial development in ...
Geometric Power Plant: Previous Administration’s Lack of Investment Confirmed by Alex Otti
The governor of Abia State, Alex Otti, has confirmed that the previous administration made no financial investment in the recently ...
12 African startups receive over $1.4m in investment
A total of 12 African startups have received $120,000 each in investment, along with training and mentorship, to advance their ...
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