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Hormuz vessel traffic slumps after brief weekend surge

  • 19th April 2026

FG borrows N100bn from unclaimed dividends

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New mini-grid rules will unlock renewable energy expansion

  • 19th April 2026
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UK banks to access guarded Anthropic AI model

  • 18th April 2026

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Anthropic counters OpenAI with $1 AI offer to government branches

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FAAC funds to FG, states hit 7-year high in 2023

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New naira: Govs, Emefiele meet over policy

Wilson Adekumola Members of the Nigeria Governor’s Forum will on Thursday meet the Governor of Central Bank, Godwin Emefiele to discuss some of the bank’s recent policies. The NGF spokesperson, Abdulrazaque Bello-Barkindo said, in a statement on Tuesday night that “Governor’s plan to engage Emefiele on the economic and security implication of naira redesign and […]

Business

Business strategists reveal secret to start-up growth

An idea consultant and strategist, Bayode Oke, has urged startups to give more attention to building structures and strategies to survive and grow in the long-run. According to The PUNCH, Oke made this known at a closed boardroom event tagged, ‘Strategic foresighting: A peep into the future of startups in Nigeria’.The business strategist revealed that […]

Naira scarcity: Hardship vital for economy, says finance minister
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Subsidy: Buhari regime borrowing to import fuel, says minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has revealed that the Federal Government sometimes borrows funds to buy petrol as the country continues to incur rising fuel subsidy bills. According to The PUNCH, she stated this on Tuesday on the sidelines of the World Economic Forum in Davos, while speaking during an […]

How more taxes'll reduce debt load - FG
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FG to remove fuel subsidy Q2 2023 – Finance minister

Nigeria’s Minister of Finance, Dr. Zainab Ahmed, has stated that it would be prudent for the Major General Muhammadu Buhari (retd.), led administration to begin phasing out fuel subsidies from the start of the second quarter of 2023. Ahmed stated this during an interview on Arise TV, while attending the ongoing in Davos, Switzerland on […]

Appeal Court overturns Emefiele’s asset forfeiture order
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Police storm Emefiele’s Abuja residence

Oluwanifemi Ojo Operatives of the Nigeria Police Force reportedly stormed the Abuja residence of the Central Bank Governor, Godwin Emefiele, The PUNCH reported. AMBusiness reports that this is coming about 24 hours after the operatives of the Department of State Services stormed the CBN governor’s office, following his return to the country on Monday after […]

Kogi residents lament scarcity of new naira note
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Kogi residents lament scarcity of new naira note

Oluwanifemi Ojo As the deadline issued on the old naira notes by the Central Bank of Nigeria draws closer, some of the Kogi State residents have lamented the scarcity of the new banknotes. The News Agency of Nigeria reported that most banks in Kogi State are yet to distribute the new note to the public […]

Emefiele orders banks to dispense old naira notes - Soludo
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Emefiele ready for MPC after resumption – CBN

The Central Bank of Nigeria has confirmed that its governor, Godwin Emefiele, is fully focused on the first Monetary Policy Committee meeting of the year 2023 amid rumoured arrest attempt made by the Department of State Services. The apex bank made this known in a statement released on Monday by its Director, Corporate Communications, Osita […]

News

PoS operators won’t increase service charge – AMMBAN

The Association of Mobile Money and Bank Agents in Nigeria have said they have no plans to increase their service charges.Speculations have gone round following the Central Bank of Nigeria’s decision to review cash withdrawal limits for Automated Teller Machines and over-the-counter withdrawals, that Point of Sale operators might have to increase their charges to […]

Buhari
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AfCFTA will boost Nigerian exports by 15% – Buhari

The President, Major General Muhammadu Buhari (retd.), has said that the African Continental Free Trade Agreement will increase Nigeria’s exports by more than 15 per cent in fishery, textile, leather, wood and papers, metals, electronics, vehicles and transport equipment. Buhari stated this at the ninth African Shippers’ Day with the theme: “African Continental Free Trade […]

Oil and Gas

Oil blocs licensing to end in April –FG

The Federal Government declared on Monday that the seven deep offshore open oil blocs’ licensing round, which started on January 3, 2023, will end in four months time It asked investors with knowledge of and experience with deep-water operations from around the world to accept the financial terms of the Petroleum Industry Act 2021 and […]

Ghana requests debt relief under G20 Common Framework - IMF
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Ghana requests debt relief under G20 Common Framework – IMF

Ghana has requested debt relief through the Common Framework program, which is backed by the Group of 20 major economies, according to International Monetary Fund Managing Director, Kristalina Georgieva. According to a source familiar with the matter, Ghana asked for a restructure of its bilateral debt on Tuesday under the Common Framework initiative backed by […]

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