Nigerian Economy

Presidential candidate of the National Democratic Congress for the 2027 election, Peter Obi, has said he would retain President Bola Tinubu’s floating exchange-rate policy if elected president. Obi, however, said …

The House of Representatives has commenced an investigation into more than ₦432 billion in outstanding obligations owed to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) by oil companies …

Nigeria’s economic progress must translate into lower living costs, more jobs, higher incomes and improved living standards for citizens, the Chartered Institute of Bankers of Nigeria (CIBN) has said. CIBN …

The Crude Oil Refinery Owners Association of Nigeria (CORAN) has called on the Federal Government to take urgent steps to strengthen Nigeria’s domestic refining industry and reduce the country’s reliance …

The NASD Over-the-Counter (OTC) Securities Exchange sustained its positive momentum, recording gains for the fourth consecutive trading session as investor sentiment remained mildly upbeat in the unlisted securities market. Market …

Rand Merchant Bank Nigeria Limited says it hit the Central Bank of Nigeria’s capital target for merchant banks. On March 28, 2024, the CBN raised minimum capital for international commercial …

Champion Breweries Plc has taken a major step in strengthening its financial position after successfully issuing a five-year fixed rate senior unsecured bond at a coupon rate of 19.50 per …