House Committee Cautions CBN Against Economic Fallout Of High Interest Rates
As the Central Bank of Nigeria (CBN) prepares for its 300th Monetary Policy Committee (MPC) meeting this week, the House of Representatives Committee on...
CBN Reaffirms Stability, Safety Of Nigerian Banking Sector
The Central Bank of Nigeria (CBN) has reassured Nigerians that the country’s banking sector remains stable, resilient, and secure, despite recent reports raising concerns...
Nigeria’s Food Imports Rise By 16% Amid Growing Food Insecurity
Amid escalating food insecurity driven by intensified conflicts and climate-related disruptions to farming across Nigeria, the country’s food imports surged by 16% in 2024,...
CBN Maintains Monetary Policy Rate At 27.50% Amid Inflationary Pressures
The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 27.50 percent, marking its second consecutive hold...
SEC Issues Warning On Ponzi Schemes, Urges Public Vigilance
The Securities and Exchange Commission (SEC) has reiterated its warning about the dangers of Ponzi schemes, emphasizing their destructive effects on investor confidence, financial...
FG Signs Agreements With 10 Companies To Enhance National Gas Supply
The Federal Government on Thursday signed a series of investment agreements with ten companies to develop gas processing plants and other gas supply infrastructure...
Nigerian Stock Market Records Significant Dip In Trading Activity
Stock market investors traded 3.214 billion shares worth N76.348 billion in 64,156 transactions on the floor of the Exchange during the week. This compares to...
Nigeria’s Liquidity Surges As Money Supply Hits ₦118.99 trn
Nigeria’s money supply (M2) fell slightly to ₦118.99 trillion in May 2025, representing a 0.23% month-on-month (MoM) decline from ₦119.27 trillion recorded in April....
Marketers Protest As Dangote Set To Reduce Gas Price
President of the Dangote Group, Alhaji Aliko Dangote, has announced plans to reduce the price of Liquefied Petroleum Gas (cooking gas). He also promised...
Nigeria’s Textile Imports Rise By 298% To N726bn Over Five Years
The importation of textile products into Nigeria has soared by an astonishing 297.8% over the past five years, rising from ₦182.53 billion in 2020...
