US Fed on course to cut rates September, minutes show
Federal Reserve officials last month were strongly leaning toward an interest rate cut at their September policy meeting and several
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Economics
Africa’s high-yield bonds seen benefitting from US Fed rate cut
Investors are eyeing high-yield foreign currency bonds from Nigeria, Gabon, and Kenya ahead of an anticipated US Federal Reserve rate
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Nigeria jacks up passport fee by 43% amid ‘japa’ wave
The federal government has increased the cost of the nation’s passport by 42.8 percent as part of efforts to maintain
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NESG wants issues behind cost-of-living crisis addressed
The Nigerian Economic Summit Group (NESG) has said the issues contributing to the cost-of-living crisis in the country must be
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Nigeria offers $500m domestic dollar bond at 9.75%
The federal government has issued the series one of its first domestic dollar bond sale. “On behalf of the Nigerian
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Planned protests could cost Nigeria N400bn daily: CPPE
The protests planned to start this week in Nigeria could cause an estimated daily loss of N400 billion if not
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Senate invites NNPC, CBN, NIMASA, Dangote, others for questioning
The Senate has revealed its plan to invite the Central Bank of Nigeria, Nigeria Port Authority, Nigerian National Petroleum Company
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Supporting local champions like Dangote key to Nigeria’s development – Otedola
Amid the dispute between Dangote Group and regulators in the oil sector, Femi Otedola, chairman of Geregu Power Plc, has
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Manufacturers outline demands as Tinubu raises minimum wage
The Manufacturers Association of Nigeria has presented several demands to President Bola Tinubu to enable its members to pay the
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UK agency BII commits $50m to Access Bank for Nigerian businesses
British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $50 million commitment to Access
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