News
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Marketers consider shutting down filling stations to enforce N195 per litre today
The Independent Marketers Association of Nigeria (IPMAN) has told its members to consider shutting down filling stations this week. The…
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Stallion Nigeria refutes claim of alleged debt to GTB, says matter pending in court
Stallion Nigeria has refuted reports that it is indebted to Guaranty Trust Bank (GTB) to the tune of N13 billion.…
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S&P Revises Nigeria’s Outlook to Negative from Stable on Weakening Fiscal and External Metrics’ ; ‘B-/B’ Ratings Affirmed
Overview Low (albeit recently rising) crude oil production, large refined-petroleum subsidy costs, high debt service expenditure, and associated sizable fiscal…
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CBN Directs DMBs to Pay Redesigned Naira Notes Over the Counter; Police and Other Agencies to Prosecute Sellers, Abusers of Naira
…Assures That Queues At ATMs Will Disappear Soon …Directs OTC payment of Redesigned Banknotes by DMBs The Central Bank of…
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EFCC Restates Commitment to Tackling Electoral Fraud
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa today reiterated the Commission’s resolve to ensure…
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FIRS Revenue at N10trn in 2022 Dipped by 24% In Dollar Translation
Nigeria’s Federal Inland Revenue Service (FIRS) stated that it collected N10.1trn in tax revenues in 2022, the highest tax collected…
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Nigeria disagrees with ‘surprise’ Moody’s downgrade
Nigeria’s finance minister, Zainab Ahmed, said on Thursday that she disagreed with what she called a “surprise” downgrade of the…
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Looser Financial Conditions Pose Conundrum for Central Banks
Despite sharp monetary policy tightening, financial conditions have eased around much of the globe, posing a challenge for central…
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Heifer, ColdHubs, Launch Solar-powered Storage Solutions in Lagos to enhance Smallholder Farmers
Heifer International’s sponsored agritech storage solution; ColdHubs, on Monday formally introduced into the Lagos market with the launch of the…
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Nigeria, 6 other countries to benefit from AfDB’s $1 million technical grant for sustainable transport
Nigeria, Kenya, Morocco, Rwanda, Senegal, Sierra Leone and South Africa will benefit from a $1 million technical assistance grant from…
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