Foreign Firms Repatriate $5.86 Billion from Nigerian Economy in Six Months – CBN
The Central Bank of Nigeria (CBN) has reported that foreign companies withdrew a total of $5.86 billion from the Nigerian...
President Bola Tinubu Engages Oracle to Tackle Nigeria’s Bloated Civil Service Payroll
In a bid to address the alarming issue of Nigeria's burgeoning civil service payroll, President Bola Tinubu held a crucial...
Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.
Nigerian investors in the equity market witnessed a significant boost to their portfolios as their wealth appreciated by a staggering...
NNPC’s $3 Billion Loan Deal: Nigeria’s Economic Rollercoaster Ride
The Nigerian National Petroleum Corporation (NNPC) is currently embroiled in a financial saga that is sending shockwaves through Nigeria's economy....
Nigeria Misery Index Hits All Time High: A Deep Dive into the Challenges
Nigeria misery index hit 73.81 the highest ever recorded , ranking as the 4th miserable country in west Africa. The...
Blue Line Rail Launch in Lagos Sparks Concerns Over High N750 Fare
The upcoming launch of the Blue Line rail system in Lagos has sparked mixed reactions among citizens due to its...
Flour Mills PLC Revenue Hits N1.16 Billion for Q2 2023
Flour Mills of Nigeria Plc, a leading player in the Nigerian agro-allied sector, has released its Annual Report for the...
President Tinubu Tinubu Unveils Economic Blueprint in Inaugural Federal Executive Council Meeting
The Federal Executive Council (FEC) of President Bola Ahmed Tinubu's administration convened for its inaugural meeting at the Aso Rock...
NACAT Sue CBN’s Acting Governor and Deputy Governor Over Asset Declaration Allegations.
The Network Against Corruption and Trafficking Foundation (NACAT) has initiated legal proceedings against Folashodun Shonubi, the current Acting Governor of...
Liquidity Crunch: Banking Sector’s Borrowing from CBN Surges to N12 Trillion.
In a noticeable trend, Nigeria's commercial banks and merchant banks have been increasingly turning to the Central Bank of Nigeria...
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