CBN Takes Decisive Steps to Address FX Backlog: Tranche Payments to 31 Banks Underway
In a significant move, the Central Bank of Nigeria (CBN) has initiated tranche payments to 31 banks to clear the ...
Saturday, May 23, 2026
CBN Shifts Focus from Quasi-Fiscal Interventions to Core Monetary Policies
In a pivotal announcement, CBN Governor Yemi Cardoso revealed a strategic shift in the Central Bank's approach to the Nigerian ...
Nigeria’s Oil Sector Records -0.85% Growth in Q3 2023
According to the recently released Gross Domestic Product (GDP) report by the National Bureau of Statistics (NBS), Nigeria's oil sector ...
Marine, blue economy agencies’ CEOs sign performance bonds
Determined to ensure efficiency, heads of agencies and departments under the Ministry of Marine and Blue Economy, on Friday, signed ...
CNG committee partners UN agency on greener energy
The Presidential Compressed Natural Gas Initiative has partnered with the United Nations Sustainable Energy for All for the provision of ...
Lagos leads as traffic offenders pay N2.1bn fine
No fewer than 12 state governments received the sum of N2.1bn as fines imposed on offenders for violating traffic rules ...
GDP remains sluggish, grew by 2.54% in Q3
Nigeria’s Gross Domestic Product remained subdued in the third quarter, growing marginally by 2.54 per cent year-on-year in real terms ...
ICT Contributes 15.97% to Nigeria’s Real GDP in Q3 2023
The Information and Communications Technology (ICT) sector contributed 15.97% to Nigeria's real Gross Domestic Product (GDP) in Q3 2023, as ...
Dividend Stocks Poised for Growth in 2024
Investors seeking both substantial dividends and significant share price appreciation in 2024 may find opportunities in the following dividend stocks: ...
Chairman of Presidential Committee Raises Concerns Over N6 Trillion Annual Tax Waivers and Revenue Generation
Taiwo Oyedele, Chairman of the Presidential Committee on Tax and Fiscal Policy Reform, has raised alarm over the annual loss ...
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