Lower petrol prices in countries such as Iran, Libya and Saudi Arabia do not automatically mean Nigeria’s fuel policy has failed. However, the removal of petrol subsidies will remain politically …
Africa’s efforts to close its infrastructure deficit are being affected not only by limited access to funding but also by the high cost of raising capital for major projects. Nigeria’s …
Nigeria’s renewed campaign for a permanent seat on the United Nations Security Council is facing a major challenge within Africa, as the continent seeks at least two permanent seats and …
Banks’ deposits with the Central Bank of Nigeria (CBN), known as the Standing Deposit Facility (SDF), rose to a seven-month high of ₦7.33 trillion a day after the apex bank …
Nollywood actor Jide Awobona has entered into a brand partnership with Baker Homes ahead of the launch of Mint Court Phase 2, as the real estate company moves to expand …
The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) by 350 basis points, bringing it down to 23 percent from 26.5 percent. The significant rate cut …
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to regulate the participation of foreign nationals in Nigeria’s retail sector amid concerns over the growing involvement of …
Nigeria’s Minister of Education, Dr Tunji Alausa, has called for stronger international investment in education to expand access and improve opportunities for children and young people. Alausa made the call …
Brent crude fell about 1 percent to $98.30 a barrel after dropping below $100 on Tuesday. US West Texas Intermediate (WTI) also declined by 1.4 percent to $89.49 a barrel. …
Nine serving Nigerian governors are positioning themselves to contest Senate seats ahead of the 2027 general elections, continuing a pattern in which state governors move to the National Assembly after …