News
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Nigeria’s Central Bank Keeps Monetary Policy Rate Unchanged at 27% Amidst Declining Inflation
Nigeria’s Central Bank has just made a significant move, keeping its Monetary Policy Rate (MPR) steady at 27% amidst a…
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NNPCL earns N29.21 trillion from crude oil sales in 2024
The Nigerian National Petroleum Company Limited (NNPCL) generated N29.21 trillion from crude oil sales in 2024, more than double the…
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Nigeria pushes for African veto seat at UN Security Council
Nigeria has renewed its push for Africa to secure permanent, veto-wielding seats on the United Nations Security Council, insisting that…
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Dangote partners Honeywell to double refinery capacity to 1.4m bpd by 2028
Dangote Industries has signed a major agreement with Honeywell to provide advanced refinery services and technology that will enable the…
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Naira gains ahead of 303rd MPC meeting as rate hits N1,452/$1
The Naira recorded modest gains across the foreign exchange market on Monday, appreciating ahead of the highly anticipated 303rd Monetary…
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CBN issues directive defining HoldCo Minimum Capital after earnings delays
The Central Bank of Nigeria (CBN) has issued a fresh directive clarifying how Financial Holding Companies and banks should compute…
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JP Morgan Says Oil Prices Could Plunge Into $30s by 2027
JP Morgan predicts the international crude benchmark, Brent, could drop into the $30s per barrel by 2027 due to an…
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FG launches national livestock council to unlock $74bn industry potential
The Federal Government on Monday launched the National Council on Livestock Development (NCLD), a new policy and coordination body expected…
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Paystack cites ‘reputational damage’ as reason for sacking cofounder Ezra Olubi
Paystack says it terminated the employment of Ezra Olubi, its cofounder, due to “significant negative reputational damage” linked to resurfaced…
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Lagos food prices decline except for onions, fish and a few essentials
Lagos households are still navigating a tight food-cost environment, but the latest Nairametrics Lagos market survey for November 2025 shows…
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