In the twilight years of the immediate past President Muhammadu Buhari-led administration in Nigeria, foreign investors of all hues virtually left the country. However, the...
After close to one century-and-half operation in Nigeria, the multinational giant, PZ Cussons Nigeria, has announced its plan to quit Nigeria and a few other...
The report, a few days ago, by one of the Bretton Woods institutions—the International Monetary Fund (IMF)—that Nigeria now ranks the fourth largest economy in...
Nigeria’s crude oil production has witnessed its second consecutive monthly decline, dropping to 1.231 million barrels per day (mbpd) in March, as reported by the...
Nigeria’s crude oil production has witnessed its second consecutive monthly decline, dropping to 1.231 million barrels per day (mbpd) in March, as reported by the...
Once upon a time, Nigeria’s national currency, the Naira, was the most sought-after medium of exchange and store of value within the Economic Community of...
Effectively, the recapitalization process for Nigerian banks under the Olayemi Cardoso leadership of the Central Bank of Nigeria (CBN) commenced on Monday, April 1, 2024....
In what could be seen as an outright volte-face, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Wednesday, March 13, 2024,...
The news that deposit money banks (DMBs) and merchant banks in Nigeria borrowed a humongous sum of N8.7 trillion through the Standing Lending Facility (SLF)...
It is no longer news that the continued collapse of the Naira in the foreign exchange (FX) market is already eliciting desperate and panicky measures...