Economy

By William Emmanuel Ukpoju In a recent development, Urum Kalu Eke, the nominee from the South-East for the Central Bank of Nigeria (CBN) Board of Directors, has turned down his appointment. This development surfaced during a…
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Valuechain fully on ground at SAIPEC By William Emmanuel Ukpoju In a bid to unlock the potential of the African Continental Free Trade Agreement (AfCFTA), the Nigerian Content Development and Monitoring Board (NCDMB) has put forth a…
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By William Emmanuel Ukpoju As the world seeks sustainable solutions to meet its ever-growing energy demands, the 8th edition of Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), organised by the…
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Engr. Felix Omatsola Ogbe As plans to implement the African Continental Free Trade Agreement (AfCFTA) continue to unfold, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among…
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The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to pay up the remaining $2.2bn forex forward backlogs owed investors. The IMF is happy with the current monetary policy rate tightening, floating of…
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On Monday, the Nigerian Naira traded higher after Africa Export-Import Bank (AfreximBank) syndicated foreign currency (FCY) loans backed by oil entered the economy months after they were initially announced. The naira recovered…
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President Bola Tinubu remarked on Monday that a select few individuals have embezzled Nigeria’s collective resources under the pretext of subsidies over the past four decades. Tinubu expressed regret that Nigerians are bearing the…
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Doris Anite Uzoka, Minister of Industry, Trade & Investment In a bid to increase the inflow of foreign exchange in order to curb the rising inflation in Nigeria, the Federal Government is seeking the repatriation of all proceeds on…
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The Federal Government has lost an estimated $16 trillion to natural gas flaring in ten years amid rising debt stocks, which stood at N87.38 trillion in the second quarter of 2023. The Energy Institute’s 72nd edition of the…
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By Patience Chat Moses The Executive Secretary (ES) of the Nigerian Content Development and Management Board (NCDMB), Engr. Simbi Kesiye Wabote, has said that African nations need to prioritize and understand the importance of…
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