U.S. Envoy, Visa Restrictions Not Targeted at Nigerians
The United States Ambassador to Nigeria, Richard Mills, has said that the recent visa restrictions announced by the U.S. government are not aimed at Nigerians but are intended to strengthen…
Nigeria’s FX Reserves Fall by $263m, End 25-Week Growth Streak
Nigeria’s foreign exchange reserves have recorded their first decline in six months, falling by $263.15 million to $45.21 billion as of December 17, 2025, according to data from the Central…
Dangote Deepens Allegations Against NMDPRA Boss Over Children’s Foreign Education
President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has expanded his allegations against the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),…
Nigerians to Pay Nearly ₦1 Trillion More for Petrol as Tinubu Approves 15% Import Tariff
Nigerians could spend an additional ₦973.6 billion annually on petrol following the Federal Government’s approval of a 15 per cent import tariff on Premium Motor Spirit (PMS), according to a…
Stanbic IBTC Reintroduces Private Banking to Support Long-Term Wealth Management
Stanbic IBTC Bank has reaffirmed its dedication to helping Nigerians build lasting financial legacies through sustainable wealth management and strategic financial planning. In a statement announcing the reintroduction of its…
Global Food Prices Decline by 2.1% in 2024 but Remain Above Pre-COVID Levels – FAO
Global food commodity prices dropped by 2.1 percent in 2024 compared to the previous year, according to a report by the Food and Agriculture Organization (FAO) of the United Nations…
CBN Likely to Maintain Hawkish Stance as Inflation Climbs
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to sustain its inflation-tightening policies at its final meeting of the year amid rising inflationary pressures.…
Zenith Tech Fair Awards N77.5m to Hackathon Winners, Unveils Innovations in Finance and Technology
The fourth edition of the Zenith Tech Fair, themed “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI”, concluded on Thursday in Lagos with 10…
Senate Set to Approve Tinubu’s $2.2bn Loan Request to Bridge Budget Deficit
The Senate is poised to approve President Bola Tinubu’s $2.2 billion (approximately N1.77 trillion) loan request today (Wednesday). This loan, part of the external borrowing plan, is critical to financing…
Foreign Investments in NGX Hit Year’s Lowest at ₦11.26bn Amid Currency Woes, Rising Interest Rates
Foreign inflow into the Nigerian Exchange Limited (NGX) slumped to its lowest point in 2024, hitting ₦11.26 billion in September, according to the latest Domestic & Foreign Portfolio Investment Report…