News at the speed of light
The Chartered Institute of Financial and Investment Analysts, Nigeria (CIFIAN) has called on the Federal Government to urgently align its sugar-sweetened beverage (SSB) tax policy with broader public…
The Presidential Compressed Natural Gas Initiative (PCNGI) has stated that since the introduction of Compressed Natural Gas (CNG) in the country, it has attracted $980 million (N1.504 trillion)…
The United States Department of State has approved the potential sale of munitions, precision bombs and rockets to Nigeria at an estimated cost of $346 million. This development…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has issued a clarion call for robust public-private partnerships to unlock sustainable, long-term capital through…
Nigeria’s recent GDP rebasing raised its per capita income by 21 percent, increasing it to $1,095. Despite this adjustment, Nigeria still ranks among the lowest in Africa in…
Experts predict the Nigerian naira will depreciate to around ₦1,662 per US dollar by the end of 2025. This expected decline is driven by increased year-end demand for…
Over 80 percent of Nigeria’s micro, small, and medium enterprises (MSMEs) lack access to formal credit, largely due to the high cost of borrowing, stringent collateral requirements, and…
The Federal Government has inaugurated a new board for the Nigeria Deposit Insurance Corporation (NDIC), charging them with the responsibility to strengthen the stability of the financial system…
The Central Bank of Nigeria has disbursed $81 million to licensed Bureau De Change operators in a strategic move to alleviate mounting pressure on the foreign exchange market.…
Nigeria continues to incur staggering losses from gas flaring, with the Federal Government estimating a cost of ₦63 billion in the first five months of 2025 alone. According to…
