Business
Nigeria’s $1 Trillion GDP Goal Lacks Strategy, Says Economic Analyst Bismarck Rewane
The federal government’s ambition to achieve a $1 trillion Gross Domestic Product (GDP) economy lacks a clear roadmap, according to...
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How Nigeria’s $42 Billion External Reserves Aims to Boost Economy in 2025 – CBN
The Central Bank of Nigeria (CBN) has announced that the country's external reserves, now standing at $42.01 billion, can support...
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NNPC Confirms Port Harcourt Refinery Is Operational, Producing 1.4M Liters of Petrol Daily
The Nigerian National Petroleum Company Limited (NNPC) has reaffirmed that the 60,000 barrels-per-day Old Port Harcourt Refinery is operational, with...
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Dangote Refinery Drives MEMAN’s Shift to Local Petrol Supply
The Major Energy Marketers Association of Nigeria (MEMAN) has shifted its petrol sourcing strategy, securing 148 million litres from the...
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Reps Mandate CBN, Banks to Ensure Verifiable Documentation of PoS Users
The House of Representatives has directed its Committees on Digital and Electronic Banking, Finance, Banking Regulations, and Financial Crimes to...
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Nigerian Banks Secure ₦1.7 Trillion for Recapitalisation, SEC Reveals
Nigerian banks have successfully raised ₦1.7 trillion from the capital market to meet the Central Bank of Nigeria's (CBN) new...
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Nigeria’s GDP Growth Hits 3.46% in Q3 2024, Tinubu Expresses Optimism
Nigeria’s economy grew by 3.46% in the third quarter of 2024, surpassing the 3.19% recorded in Q2, according to the...
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Nigeria Surpasses 1.8 Million BPD Crude Oil Output, Eyes 2.5 Million by Year-End
The Federal Government on Thursday celebrated Nigeria’s achievement of producing 1.8 million barrels per day (bpd) of crude oil...
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CBN Governor Targets $1 Billion Monthly in Foreign Remittances Amid Economic Reform Milestones
The Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, has announced an ambitious target to boost foreign remittances to...
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Why Nigeria Government Rejected Bill for New Security Agency for Mining Sites
The Nigerian federal government has declined a legislative proposal aimed at creating a specialized security agency to protect mining sites...
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