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Economy
1085 posts
FCCPC denies banning airtime borrowing, data advance services
By Tochukwu Bliss, Abuja The Federal Competition and Consumer Protection Commission has informed the public that it has…
Dangote Refinery makes Nigeria net petrol exporter
By Izuchukwu Mayor, Lagos Dangote Petroleum Refinery & Petrochemicals said it has recorded a major milestone in Nigeria’s…
Rice farmers lament as increased import cripples sector
Some local farmers have decried the increased importation of foreign rice; a situation they claim is crippling Nigeria’s…
Manufacturers seek policies to boost industry resilience amid global supply disruptions
The Pan-African Manufacturers Association (PAMA) has called for urgent policy measures to strengthen industrial resilience against global supply…
Nigeria produces 1.4 million tonnes of palm oil annually: FG
The federal government says Nigeria produces approximately 1.4 million metric tonnes of palm oil annually, while domestic demand…
FG tasks Dangote on 600,000MT sugar production by 2030
The Federal Government has tasked the Dangote Sugar Refinery (DSR) to reach a production capacity of 600,000 metric tonnes (MT)…
BOAD, IFC strengthen partnership on dev’t, job creation across W’Africa
By Tochukwu Bliss, Abuja The West African Development Bank (BOAD), and the International Finance Corporation (IFC), a member…
Recapitalisation: ₦4.65trn raised as CBN concludes exercise to strengthen financial system resilience
By Tochukwu Bliss, Abuja A total of ₦4.65 trillion in new capital was raised as 33 banks operating…
30 banks meet recapitalisation targets, says CBN
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has said that as of Friday, 30 Nigerian…
20 banks meet new minimum capital requirements, says Cardoso
. ₦4.05trn raised so far . As MPC cuts rates By Tochukwu Bliss, Abuja The Governor, Central Bank…