BUSINESS
Presidency Disputes Adesina’s Claim On Nigeria’s GDP Per Capita
The Nigerian Presidency has pushed back against recent remarks by Dr. Akinwumi Adesina, outgoing President of the African Development Bank (AfDB), regarding the country's...
FG, States, LGs Share N1.681 Trillion April 2025 Federation Revenue
The Federation Account Allocation Committee (FAAC) shared N1.681 trillion in revenue generated in April 2025 among the federal government, states, and local government councils. This was disclosed in a...
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....
