CBN Pushes Inflation Targeting, Eyes Single-Digit Price Stability
Abuja, Nigeria – The Central Bank of Nigeria intensifies its shift towards a rules-based monetary policy, targeting single-digit inflation to stabilise Africa’s largest economy.…
Business and Economy
Nigeria Pushes Mineral Corridors to Drive Africa’s Energy Transition
ABUJA, Nigeria – Nigeria advocates the creation of regional mineral corridors to unlock Africa’s vast resources and accelerate industrialisation, as global demand for critical…
Airfares Set to Surge As Aviation Fuel Costs Spike Sharply
ABUJA, Nigeria – Airfares are set to rise as aviation fuel prices soar, placing intense pressure on Nigerian airlines already grappling with escalating operational…
Update: Oil Surges, Stocks Tumble as Us-Iran Tensions Escalate
ABUJA, Nigeria – Crude prices on Monday climb, with Brent nearing $112 per barrel, as threats to shut the vital shipping route—through which a…
Dangote Refinery Boosts Exports, Strengthens Regional Fuel Supply
LAGOS, Nigeria – The Dangote Petroleum Refinery expands its regional footprint, recording the sale of 12 cargoes totalling 456,000 tonnes of refined petroleum products…
Nigeria Seeks Climate-Smart Agriculture Investment Partnerships at UK Forum
LONDON, United Kingdom – Nigeria is intensifying efforts to attract global investment into climate-resilient agriculture, positioning the sector as central to economic growth and…
Three Weeks, Four Hikes: Lagosians Decry Fuel Price Crisis
LAGOS, Nigeria – Lagos residents reel from a wave of petrol price hikes within just three weeks, as motorists and commuters describe the surging…
Nigeria Orders Immediate Halt to New Shipping Tariffs Amid Concerns
LAGOS, Nigeria – The Nigerian Shippers’ Council has ordered shipping operators to stop applying newly approved tariffs, citing unresolved concerns from port users. In…
Nigeria Suspends New Port Charges After Backlash from Operators
LAGOS, Nigeria – Nigeria’s maritime regulator has suspended newly introduced port charges following strong opposition from industry stakeholders, ordering an immediate return to previous…
Ebonyi Govt Denies Contract Patronage, Vows Due Process
ABAKALIKI, Nigeria – The Ebonyi State Government has rejected allegations of awarding contracts based on political patronage, insisting that procurement follows strict due process.…