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Business and Economy

2023: My Focus At This Time Is Fighting Inflation – Emefiele

Amid speculations that he may be running for President in 2023, Central Bank Governor, Godwin Emefiele on Monday said his focus was on solving...

N150b Loan: Expert carpets Gov Emmanuel’s explanations

A financial expert and Head of Economics Department in the University of Uyo, Prof Emmanuel Onwioduokit has attacked Governor Udom Emmanuel over his...

CBN, Inflation and The Poor

By Adefolarin A. OlamilekanIn one of my apperance on a national Television station lately. The TV program anchor humorously asked me what...

Buhari Commissions Multi-Billion Dollar Dangote Fertiliser Plant In Lagos

President Muhammadu Buhari has commissioned the Dangote Fertiliser Plant in the Ibeju-Lekki area of Lagos.He inaugurated the multi-billion dollar facility on Tuesday at an...

JUST IN: CBN Retains Benchmark Interest Rate At 11.5%

The Central Bank of Nigeria’s Monetary Policy Committee has retained the Monetary Policy Rate (MPR) at 11.5% and kept all other parameters unchanged.CBN Governor...

Elon Musk’s net worth hits $232 billion as Tesla stock goes on rampage

Elon Musk, CEO of Tesla and SpaceX, continues to remain the world’s wealthiest person. Tesla shares surged at the end of the trading week,...

Nigeria’s public debt set to peak at N45tn in 2022

The Nigerian equity market closed negative on Thursday, reversing the previous day’s gains. The NGX-All Share Index fell to 47,353.22 points from 47,364.46 points,...

Afreximbank agrees to $207m facility with NEXI in combating COVID-19

African Export-Import Bank (Afreximbank) has announced the finalisation of a 207 million dollars facility granted by Nippon Export and Investment Insurance (NEXI), the state-owned...

AEDC decries vandalism of infrastructure in FCT

The Abuja Electricity Distribution Company (AEDC) says it is experiencing cases of serious vandalism around its infrastructure, causing outages in some areas in...

NGX: Market capitalisation down by N38bn

The Nigerian Exchange Ltd., (NGX) closed on a downward note on Friday occasioned by loss in 20 stocks, as market capitalisation depreciated by N38...

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