News
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Two senior executives at Binance have been detained in Nigeria.
According to Financial Times (FT), a UK-based business news outlet, the passports of the unnamed Binance executives were seized. FT…
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CBN Raises MPR to 22.75% and CRR to 45% Post February 2024 MPC Meeting
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has today concluded its two-day meeting for February 2024. This meeting marks…
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BASHIR ADEWALE ADENIYI:Tackling the challenges of a nation’s ultimate cash cow
Amos Adetunji For those who may not know, Bashir Adewale Adeniyi is a consummate professional. And he is also highly…
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FBNH is now most capitalized banking stock in Nigeria, topples GTCO
Nigeria’s oldest bank, FBN Holdings became the most capitalized bank in Nigeria at the close of trading on Monday 25th…
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Nigeria’s foreign capital from US investors falls by 88% in Q4 2023
In an unexpected turn of events, sharply contrasting with prior optimistic outlooks on US-Nigeria economic relations, Nigeria observed a dramatic…
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President Tinubu orders full implementation of 2012 Oronsanye Report
President Bola Tinubu has on Monday instructed that the Oronsaye report be implemented in its entirety. The 2012 Oronsaye report…
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Contribution of manufacturing sector to Nigeria’s GDP declines to 8.23%
The contribution of the manufacturing sector to Nigeria’s GDP in the fourth quarter of 2023 dropped from 8.40%, as recorded…
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Price of rice surges to N88,000 as expert proposes solution to food problem in Nigeria
The price of a 50kg bag of foreign rice has surged to over N88,000 across major stores in Nigeria, which…
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“Cartels” in Market are setting artificial prices for goods — FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has indicated that certain “cartels” in the market are artificially raising the…
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Tinubu sets up economic advisory committee
As part of measures to tackle the ongoing hardship in the country, President Bola Tinubu on Sunday established an economic…
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