US and European Equity Futures Drop Amid Growth Concerns Ahead of Key US Inflation Report
US and European equity futures slipped on Wednesday, while bonds rose as concerns over slowing economic growth resurfaced ahead of...
Strong recovery and resilience drive economic stability, Minister Wale Edun reports at the 17th Annual
Nigeria's debut foreign-currency domestic bond has been hailed as a resounding success, recording a subscription of $900 million—significantly surpassing the...
Nigeria’s Financial Sector Grows by Over 30% in First Half of 2024 – Minister of Finance
At the 17th Annual Banking and Finance Conference held in Abuja on Tuesday, Nigeria’s Minister of Finance and Coordinating Minister...
Private Sector Sees Mild Expansion as PMI Hits 50.2, Driven by Services and Agriculture
The Central Bank of Nigeria (CBN) has reported a positive shift in the private sector’s performance, with the Composite Purchasing...
NNPC Blames Petrol Scarcity on FX Illiquidity, Vows to Address Supply Shortfalls
The Nigerian National Petroleum Company Limited (NNPCL) has acknowledged the ongoing fuel scarcity across the country, attributing it to foreign...
Government Ramps Up Efforts to Stabilize Power Supply Amid DisCos’ Capacity Challenges
Nigeria’s electricity distribution companies (DisCos) have struggled to absorb the full power generation capacity, highlighting a significant bottleneck in the...
Minister of State for Petroleum to Address Soaring Cooking Gas Prices Amid Federal Government’s LPG Distribution Initiative
The Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has vowed to tackle the escalating prices of Liquefied...
AMCON Intensifies Asset Recovery Efforts, Enlists International Asset Tracers to Recover N5 Trillion Debts
The Asset Management Corporation of Nigeria (AMCON) has announced a new strategic move to intensify its asset recovery efforts as...
NNPC Ltd Begins LNG Shipments to Japan and China, Expanding Global Market Presence
The Nigerian National Petroleum Company Limited (NNPC Ltd) is making significant strides in expanding its global market footprint by venturing...
CBN Lifts Suspension on Standing Lending Facility with New Operational Guidelines
The Central Bank of Nigeria (CBN) has officially lifted the suspension on the Standing Lending Facility (SLF), a vital mechanism...
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