CBN Directive: Major Nigerian Banks Face Dividend Suspension Until 2028, Says Renaissance Capital. A new report by Renaissance Capital (Rencap),…
Browsing: Business
Oil Prices Surge To $74 Per Barrel Amid Israel-Iran Tensions. Global oil prices soared to a four-month high of $74…
Nigeria’s Oil Production Dips Slightly But Remains Strong At 97% Of OPEC Quota. Nigeria’s oil production experienced a modest 2%…
Dangote Refinery Slashes Nigeria’s Petrol Import Bill By 54% In Q1 2025. In a transformative shift for Nigeria’s energy sector,…
Crude Oil Prices Surge Past Nigeria’s 2025 Budget Benchmark, Boosting Economic Outlook. There’s a major development for Nigeria’s economy, as…
Ghanaian Cedi Tops List Of 15 Worst-Performing Currencies Against US Dollar In 2025, As Naira Narrowly Escape. The Ghanaian Cedi…
Credit And Liquidity Risks Hinder Deployment Of Nigeria’s N22.8 Trillion Pension Capital For Infrastructure. Nigeria’s vast pension assets, totalling N23.26…
Africa’s $777 Billion Pension And Insurance Assets Hold Key To Growth, Says AFC. Africa’s vast pension and insurance assets, totalling…
ABCON Reaffirms CBN’s Recapitalisation Deadline After Key Meeting. The Association of Bureau De Change Operators of Nigeria (ABCON) has confirmed…
TotalEnergies Sells Bonga Oilfield Stake To Shell For $510 Million In Strategic Shift. French energy giant TotalEnergies has announced the…
Nigeria To Import Danish Dairy Cattle In Bold Move To Slash £1.2bn Import Bill. In a significant step towards boosting…
Nigeria’s Debt To Stabilise At 50% Of GDP, Signals Economic Progress, Says Moody’s. In a promising development for Nigeria’s economy,…