March 11
Nigeria: The Resurgence of Fuel Queues
Despite claims to a removal of subsidy in the downstream sector of the petroleum industry and the fact that the pump price has almost quadrupled since last May, long queues of… Read more »
Nigeria: We're Not Operating Two Versions of 2024 Budget - Presidency
The Presidency has reacted officially to allegations on Saturday by Chairman of Northern Senators Forum, Senator Abdul Ningi, that President Bola Ahmed Tinubu padded the 2024… Read more »
March 06
Nigeria: Moghalu - Monetary Tightening Should Have Preceded FX Rate Unification
•Wants NNPCL reformed, stripped of opaqueness •Suggests $20-$30bn IMF stabilisation facility to resolve FX crisis Read more »
March 08
Nigeria: I Will Take Exact Same MPC Decisions If I Were CBN Governor - Tony Elumelu
Nigerian business mogul and Chairman of Heirs Holdings and the United Bank for Africa (UBA), Mr Tony Elumelu, has said that he would take the same exact decisions the Central Bank… Read more »
March 05
Ghana: Bank of Ghana Suspends Forex Trading Licences of GTBank, FBN Bank Amid Regulatory Breaches
The Bank of Ghana has issued a temporary suspension of the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN) starting… Read more »
March 03
Nigeria: Anyaoku - Current Constitution Cannot Resolve Nigeria's Economic Challenges
Former Secretary General of the Commonwealth, Chief Emeka Anyaoku, has said the current Nigerian Constitution would not adequately address the nation's economic predicaments and… Read more »
Nigeria: From Udoji Award to Oronsaye Report
It is in order to say President Bola Tinubu is actually showing some balls with many decisions he has taken since he assumed power, although the jury is still out on the reforms. Read more »
Nigeria: Implementing the Oronsaye Report
The aim is to cut costs, but there are challenges ahead Read more »
February 29
Nigeria: Embarking On Strike 9 Months Into My Govt Unacceptable - Tinubu to Labour
President Bola Tinubu on Thursday used the opportunity of the inauguration of the Lagos Red Line Rail Project in Ikeja to lambast organised labour unions for series of strike… Read more »
February 27
Nigeria: The Gut, Salutations and the Hunger Protests
"Hunger is the cry of a god and two gods do the humans worship - the head and the stomach ...We know the body will survive without head Sustenance, but the Stomach, the god that… Read more »
Nigeria: NLC Begins Protest, As Workers Defy Threat of Clampdown
Amidst fears of possible move by the authorities to prevent the national protest by organised labour, workers under the auspices of Nigeria Labour Congress (NLC) Tuesday morning… Read more »
February 26
Nigeria: The Political Economy of Cement
Cement and concrete are synonymous with strength ;the strength of the economy and infrastructural development. Read more »
Nigeria: Economic Hardship - CSOs Protest in Edo, Tell Tinubu to Fix Economy or Resign
Commercial activities were grounded to a halt in Benin-City, the Edo State capital Monday, following a protest by the Edo Civil Society Organisations (EDOCSO), calling on President… Read more »
February 25
Nigeria: Wigwe - Ntsb Issues Preliminary Report, Attributes Chopper Crash to Adverse Weather Exacerbated By Rain, Snow
The United States National Transportation Safety Board (NTSB) has released a preliminary report on the crash of Airbus Helicopter, EC130B4, which killed the Chief Executive Officer… Read more »
February 22
Nigeria: Tinubu Appoints Kemi Nandap Nis Cg, Ibrahim Gaga Neximbank Director
President Bola Tinubu yesterday approved the appointment of Kemi Nanna Nandap as the Comptroller-General of the Nigeria Immigration Service (NIS), with effect from March 1, 2024. Read more »
February 19
Nigeria: Economy Has Positive Outlook - Governor
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, yesterday, said despite the apparent gloomy picture of the country's economy, the future was bright and positive,… Read more »
February 16
Nigeria: Herbert Wigwe Always Wanted You to Consider It Done
Herbert Onyewumbu Wigwe (15 August 1966 - 9 February 2024) Read more »
February 12
Nigeria: The Danger After Afcon 2023
Most Nigerians are tense and not at ease. The reasons are plausible. The scourge of hunger, spiralling inflation, insecurity, and a sense that the country is in distress stares us… Read more »
February 06
Nigeria: Cardoso, CBN and the Nigerian Economy
It is not just the menace of insecurity in the land that has been in the news in Nigeria, the economy too, and indeed the latter for obvious reasons as well, with the national… Read more »
February 05
Nigeria: Protest in Minna Over High Cost of Living
Scores of Women and youth on Monday protested the high cost of living in Nigeria. Read more »
February 01
Nigeria: CBN Unfolds Measures to Boost Fx Supply, Mitigate Foreign Currency Speculation
In a major policy initiative aimed at market correction and to boost FX supply, the Central Bank of Nigeria (CBN), yesterday, mandated deposit money banks (DMBs) to ensure that the… Read more »
Nigeria: The Bane of Uncontrolled Population
An unplanned population is a disaster in the making Read more »
January 31
Nigeria: CBN Issues Fresh Requirements to Mitigate Foreign Currency Risks
The Central Bank of Nigeria (CBN) Wednesday expressed concern over the growth in foreign currency exposures of banks through their Net Open Position (NOP). Read more »
January 30
Nigeria: CBN Pays Additional $64m, Concludes Fx Payment of Verified Airlines Claims
The Central Bank of Nigeria (CBN) says it has concluded the payment of all verified claims by airlines with an additional 64.44 million dollars. Read more »
January 19
Nigeria: Aliko Dangote, Take a Bow
"I am excited that we are back here today in Maisaiti district, Ndola, this time to commission our new state-of-the-art integrated cement plant, with a capacity of 1.5 million… Read more »