Economy

By William Emmanuel Ukpoju At a recent gathering of Nigeria’s political leaders in Lagos, President Bola Tinubu delivered a message of economic optimism, forecasting a robust turnaround for the nation’s economy by December 2024.…
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By William Emmanuel Ukpoju In a recent development, the Economic and Financial Crimes Commission (EFCC) has declared a crackdown on establishments within Nigeria that demand payment in dollars for services rendered.EFCC’s…
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By William Emmanuel UkpojuIn a decisive move to reinforce the stability of Nigeria’s financial system, the Central Bank of Nigeria (CBN) has issued a new directive that restricts the use of foreign currency as collateral for naira…
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By William Emmanuel UkpojuFBN Holdings, the parent company of First Bank — one of Nigeria’s premier banks — is gearing up for a significant capital infusion as the group has announced plans to propose a capital raise of up to N300…
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By William Emmanuel UkpojuThe surge in costs of staple foodstuff such as rice, beef, beans, garri, and yam is putting a significant strain on consumers' wallets, prompting concerns about food affordability and accessibility, as…
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By William Emmanuel Ukpoju In a bid to revolutionize agricultural practices in Nigeria, the African Export-Import Bank (Afreximbank) has awarded a substantial $100,000 grant to the American University of Nigeria (AUN).The…
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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 UkpojuIn 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 UkpojuAs 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 OgbeAs 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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