Economy

By William Emmanuel Ukpoju President Bola Tinubu has pledged to ensure that companies involved in mineral exploration prioritize the health and safety of Nigerians and host communities. He made this commitment while receiving a…
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The Central Bank of Nigeria (CBN), yesterday, extended a financial lifeline to struggling Unity Bank Plc and gave clearance for its planned merger with Providus Bank Limited in what is seen as a potential end to end of months of…
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The Central Bank of Nigeria (CBN) will be hoping it can halt the naira’s downward spiral by selling dollars at a retail auction today. The apex bank has received a list of all outstanding FX demand by end users from authorised…
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Former President Olusegun Obasanjo has told Financial Times that fuel subsidy has returned to Nigeria because of the present ‘hyper’ inflation in the country. The former leader who berated President Bola Tinubu for the manner and…
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Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari has been accused of undermining the economic policy of the President Bola Tinubu-led government. The allegation was levelled…
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By William Emmanuel Ukpoju President Bola Tinubu has dismissed concerns about manipulation by special interest groups in the ongoing economic reforms, stating that his campaign was self-funded and free from external influence.…
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By William Emmanuel Ukpoju President Bola Tinubu has assured citizens that Nigeria's economy is on a gradual but steady path of recovery. He made this statement during a meeting with traditional rulers at the State House on…
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The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has explained the effect of the latest interest rate by the Central Bank of Nigeria (CBN) on Nigerians.  The economist was a guest on Channels…
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Two senior officials of the Federal Government on Monday defended the move by the present administration to tax profits by banks arising from foreign exchange transactions. The Federal Government’s move on one-off tax is contained…
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President Tinubu By: Saidu Ahmed "Ultimately, leadership is about the strength of one’s convictions, the ability to endure the punches, and the energy to promote an idea" -Benazir Bhutto Balance of power, devolution of power,…
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