CBN Retains MPR at 27% as 16 Banks Meet New Capital Requirements
The Central Bank of Nigeria (CBN) yesterday voted to retain the Monetary Policy Rate (MPR) at 27%, emphasizing the need...
IMF Set to Reclassify India’s Exchange-Rate Regime Amid Rising Rupee Volatility
The International Monetary Fund (IMF) is expected to soon announce a change in how it classifies India’s exchange-rate regime, according...
CBN Holds Benchmark Interest Rate at 27% Amid Economic Uncertainty
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has decided to maintain the benchmark interest rate at 27...
Nigerian Stock Market Loses Over N2 Trillion in One Week
In a recent episode of Follow the Money, host Ugodre analyzed the Nigerian stock market’s steep losses, which saw over...
Nigerian Equities Market Opens Week Lower Amid Sector-Wide Losses
The Nigerian equities market opened the week on a bearish note on Monday, as gains in GTCO Plc, Access Holdings...
Dangote Partners with Honeywell to Double Refinery Capacity to 1.4 Million BPD
Dangote Group has announced a strategic partnership with Honeywell to enhance its refining operations and double the capacity of its...
Nigeria Distributed Only 40% of Installed Power Capacity in October – NERC Report
A newly released factsheet by the Nigerian Electricity Regulatory Commission (NERC) has revealed that electricity distribution companies supplied only an...
MTN Nigeria Tax Contributions Surpass N6.9tn as Telecom Giant Delivers Strong Profit Rebound
MTN Nigeria has reaffirmed its status as one of the country’s biggest corporate contributors to public finance, announcing that its...
Afreximbank Pledges Stronger Support to Boost Intra-African Trade Under AfCFTA
Afreximbank has reaffirmed its commitment to scaling up intra-African trade, industrialisation, and value-chain development under the African Continental Free Trade...
FG Warns Illegal Gas Retailers After Deadly Ibadan Explosion
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has issued a strong warning against unauthorized gas retail operations...
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