The United States dollar fell on Tuesday as new economic data — much of it delayed by the recent government shutdown — supported expectations that the Federal Reserve may cut …
BusinessCurrencyEconomyFinanceGlobal MarketsMonetary Policy
Category:
Economy
- AviationBusinessConsumer ProtectionEconomyGOVERNMENTTransportation
FG May Seize Dana Air Assets to Refund Stranded Passengers, Says Keyamo
The Federal Government may move against the assets of Dana Air to refund passengers and travel agents whose funds remain trapped after the suspension of the airline’s operations. The Minister …
- BusinessEconomyFinanceLabourPensionPublic Policy
Nigeria’s Pension Scheme Records Growth as RSA Holders Hit 10.9 Million, but Coverage Still Low
Nigeria’s Contributory Pension Scheme (CPS) has continued to grow steadily, with a total of 10,928,039 Retirement Savings Account (RSA) holders recorded in September 2025. This represents an increase from 10,882,661 …
- BusinessCourt RulingsEconomyInternationalNigeriaOil & Gas
Indian Court Clears Path for Sandesara Brothers’ $570m Settlement as Their Nigerian Oil Empire Grows
India’s Supreme Court has opened a major legal door for billionaire brothers, Nitin and Chetan Sandesara, after ruling that they can settle one of India’s largest alleged bank-fraud cases by …
- AfricaBusinessEconomyFinanceFintechSMEs
Africa’s $100bn SME Credit Gap Pushes Banks, Telcos and Fintechs into Unusual Partnerships
Africa’s growing $100 billion credit shortfall for small and medium enterprises is forcing banks, telecom operators, and fintech companies across the continent to work together in ways that were unthinkable …
- BusinessEconomyEnergyNigeriaOil & GasTrade
Nigeria Cuts Fuel Imports from Malta by 60% as Dangote Refinery Boosts Local Supply
Nigeria’s imports of refined petroleum products from Malta have fallen sharply by 60 percent in 2024, marking a major shift in the country’s downstream fuel supply pattern. The drop comes …
- AfricaBusinessEconomyFinanceTrade
Afreximbank Reaffirms Strong Support for AfCFTA, Pushes New Financing Tools to Boost Intra-African Trade
Afreximbank has restated its strong commitment to increasing intra-African trade, supporting industrial growth, and strengthening value-chain development under the African Continental Free Trade Area. The bank said it will continue …
- EconomyForex TradingMarketsMonetary PolicyNigeria
Naira Weakens Across FX Markets Despite Rising External Reserves
The naira recorded another week of negative trading performance as the currency weakened at both the official and parallel foreign exchange markets. At the official Nigerian Foreign Exchange Market, the …
- BusinessEconomyManufacturingManufacturing & Consumer GoodsSMEs
Eleganza Industries Unveils Nationwide Expansion Plan to Boost Access
Eleganza Industries Limited has announced a nationwide expansion strategy aimed at increasing access to its wide range of locally manufactured products while creating new opportunities for distributors, retailers, and contract …
- AgribusinessAgricultureDevelopmentEconomyFood Security
Dangote Group Backs 17th National Agricultural Show, Pushes New Investments to Boost Food Security
The Dangote Group has announced new collaborations with key partners to help revitalise Nigeria’s agricultural sector, describing the move as part of its long-term strategy to strengthen food security, expand …