The Nigeria Employers’ Consultative Association (NECA) and the Civil Society Legislative Advocacy Centre (CISLAC) have signed a three-year Memorandum of Understanding (MoU) in Abuja to promote labour rights, improve business …
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Udeme Ufot Urges Strategic Financing to Unlock Nigeria’s Creative Economy
The Group Managing Director of SO&U, Udeme Ufot, has called for intentional and well-structured financing to serve as a major driver for unlocking Nigeria’s creative economy. Ufot made this appeal …
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BankingEconomyFinanceNigeriaPoliciesTechnology
CIBN to Host 18th Annual Banking and Finance Conference in Abuja with Focus on Technology and Policy
The Chartered Institute of Bankers of Nigeria (CIBN) has announced plans to hold its 18th Annual Banking and Finance Conference in September, with a strong focus on the relationship between …
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CurrencyDebt Management,EconomyFinancePoliciesPublic Safety
Naira Shines in Security but Needs Respect, CBN Advises Nigerians
The Central Bank of Nigeria (CBN) has told Nigerians to treat the naira with more respect, saying it is one of the strongest currencies in the world when judged by …
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AFRICA NEWSBusiness and EconomyConflictForeign AffairsNatural ResourcesPoliciesSecurity
US Slams Sanctions on Congo Militia and Mining Firms Over Illegal Coltan Trade
The United States government has announced fresh sanctions aimed at stopping the trade in conflict minerals from eastern Democratic Republic of Congo (DRC). On Tuesday, August 12, 2025, American authorities …
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Business and EconomyCurrencyGlobal NewsInflationMarketsPoliciesTrade
Dollar Weakens as Markets Expect U.S. Fed to Cut Rates in September
The United States dollar fell on Wednesday, August 13, 2025, as new economic data pushed more investors to believe that the U.S. Federal Reserve will cut interest rates in September. …
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Dangote IndustriesEconomyEnergyInfrastructureInnovationNigeriaOil & GasPoliciesTransportation & Logisitics
Dangote Refinery Lowers Petrol Price to ₦820 per Litre
The Dangote Petroleum Refinery has announced a major step to make fuel cheaper and easier to access across Nigeria. From Monday, August 12, 2025, the refinery reduced its ex-depot price …
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EconomyEnergyMarketsNigeriaOil & GasPolicies
Nigeria’s Fuel Import Reliance Rises to 69 Percent in June
by Joy Radarrby Joy RadarrNigeria’s dependence on imported petrol has grown sharply, with fresh data showing that the country sourced 69 percent of its petrol needs from foreign suppliers in June 2025. Figures from …
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BankingBusiness InsightsCurrencyEconomyMarketsPolicies
Naira Ends Week Mixed Across Official and Parallel Markets Amid Forex Demand Surge
The Nigerian naira ended last week with a mixed performance in the foreign exchange market, as it recorded marginal gains at the official window but slipped in the parallel market. …
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EconomyEnergyMarketsOil & GasPoliciesPublic SectorTransportation
NNPC Reduces Petrol Price to N900 Just 48 Hours After Hike
Barely two days after increasing the pump price of Premium Motor Spirit (PMS), the Nigerian National Petroleum Company Limited (NNPC Ltd.) has again slashed the price at its retail stations, …