CBN Reaffirms Commitment to Provide Liquidity Support to FX Markets
By Kayode Ogunwale In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the foreign exchange market by enhancing liquidity when…
CBN approves Unity Bank, Providus Bank merger ahead of banking recapitalisation
By Kayode Ogunwale The Central Bank of Nigeria (CBN) has granted approval for Unity Bank Plc and Providus Bank Limited merger. The merger approval is a significant step towards enhancing…
Nigeria Embarks on Agricultural Transformation with the Greener Hope National Agricultural Mechanisation Programme
By Kayode Ogunwale L-R: Minister of State for Agriculture and Food Security, Dr. Aliyu Sabi Abdullahi, CON, Executive Chairman, ORIGIN Tech Group, Prince Samuel Joseph Samuel, Minister of Agriculture and…
Oil Producing Communities threaten to shut down all pipeline facilities over unfair treatment of Dangote /Modular Refineries …Warn IOCs against economic sabotage
Cross section of delegates from Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) touring the Laboratory Dangote Petroleum Refinery during a visit to Dangote Petroleum Refinery and Fertiliser in…
Govt must use windfall tax revenue for critical infrastructure projects-OAU Prof of Economic History
A Professor of Economic History at the Obafemi Awolowo University, Ile Ife, Adetunji Ogunyemi, speaks on the amendment of the Finance Act 2020 by the National Assembly to accommodate…
CBN increases MPR by 50 basis points to 26.75%
The Central Bank of Nigeria (CBN) has implemented yet another increase in its monetary policy rate (MPR), making it the 11th consecutive hike since May 2022. The MPR, which plays…
Dangote: Our Refinery is having repeated orders from abroad …Urges National Assembly to test all available products from Standard laboratory to disclaim NMDPRA’s assertions
L-R: Group Executive Director, Commercial Operations, Dangote Industries Limited, Fatima Aliko-Dangote; House Leader, House of Representatives, Hon. Julius Ihonvbere; Speaker, House of Representatives, Rt. Hon. Abbas Tajudeen; Deputy Speaker, House…
CBN attributes foreign exchange volatile to demand pressure from corporate entities …Sells US$106.5 million to 29 authrised dealers
By Kayode Ogunwale The recent fluctuations in the foreign exchange market observed by the Central Bank of Nigeria (CBN) have been primarily attributed to increased demand from corporate entities and…
Dangote says Company’s projected $30bn revenue will boost the Naira value
By Kayode Ogunwale L-R: Editor, Blueprint Newspaper, Abdulraheem Abdulrauf; President/CE, Dangote Industries Limited, Aliko Dangote; Vice President, Oil & Gas, Dangote Industries Limited, Devakumar Edwin; Arise News Business Editor, Boason…
Nigeria’s headline inflation hits 34.19 percent as food inflation stood at 40.87percent in June
By Kayode Ogunwale The latest inflation report released by the National Bureau of Statistics (NBS) reveals that Nigeria's headline inflation rate experienced another upsurge in June 2024. The inflation rate…