MPC meeting rendered largely ineffective, says CBN gov Cardoso
The Governor of the Central Bank of Nigeria, Oluyemi Cardoso, has said a dislocation of monetary transmission mechanisms rendered the
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Nigeria’s economic growth seen picking up in Q3
The Nigerian economy is expected to expand at a faster pace in the third quarter of this year than in
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CBN’s poor communication harming credibility: Capital Economics
The Central Bank of Nigeria has not done a good job of communicating its plans and strategies, putting its credibility
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NNPC says 275,000 barrels restored to oil output
The Nigerian National Petroleum Company Limited said 275,000 barrels have been restored to the country’s oil production. The NNPC said
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Shell, partners poised to boost skills for Nigerian oil sector
Shell Petroleum Development Company (SPDC) and its joint venture partners have built and handed over a Centre of Excellence in
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FX forwards contracts rise as naira falls further
With no end in sight to the depreciation of the naira against the dollar, there was an increase in foreign
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‘Dangote refinery likely to start producing in late 2024’
Nigeria’s Dangote oil refinery is likely to come on line from late 2024 at the earliest, London-based Capital Economics has
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Courteville exits Nigerian stock exchange 14 years after listing
Courteville Business Solutions Plc has exited the Nigerian Exchange Limited (NGX) as its shares were delisted on Friday. The NGX
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Afreximbank poised to set up $1bn fund for African film industry
The African Export-Import Bank (Afreximbank) is working on the establishment of a $1-billion African Film Fund to be launched in
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Naira hits fresh record low against dollar
The Nigerian currency extended its decline on Thursday on the official market, closing a new record low of N996.75 to
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