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Today’s Naira Rate [20-05-2025]:Naira Gains Slightly as MPC Meeting Raises Market Anticipation
Nigeria Today’s Naira Rate [20-05-2025]:Naira Gains Slightly as MPC Meeting Raises Market Anticipation
Nigeria News
1 min read
The naira appreciated to N1,597/$1 in the official market ahead of the Central Bank’s key Monetary Policy Committee (MPC) meeting, signaling...
Nigeria’s Economy Stabilizing, But Many Nigerians Still Feel the Pinch
Nigeria Nigeria’s Economy Stabilizing, But Many Nigerians Still Feel the Pinch
Nigeria News
1 min read
The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, affirmed that Nigeria’s economy is stabilizing, highlighting improved investor...
What Does CBN’s 27.5% Rate Hold Mean for Nigerians and Small Businesses?
Nigeria What Does CBN’s 27.5% Rate Hold Mean for Nigerians and Small Businesses?
Nigeria News
1 min read
The Central Bank of Nigeria (CBN) Monetary Policy Committee has kept the monetary policy rate steady at 27.5%, aiming to better assess economic...
$3M Debt Dispute: Fidelity Bank Denies Insolvency, Cites Financial Strength
Nigeria $3M Debt Dispute: Fidelity Bank Denies Insolvency, Cites Financial Strength
Nigeria News
1 min read
Fidelity Bank has dismissed bankruptcy claims linked to a legacy $3 million facility inherited from defunct FSB Bank. The bank insists it's...
Nigeria 2025 Budget Impregnated With Corruption? BudgIT Spotlights Over N6 Trillion of Bloat
Nigeria Nigeria 2025 Budget Impregnated With Corruption? BudgIT Spotlights Over N6 Trillion of Bloat
Nigeria News
1 min read
Civic-tech group BudgIT says the National Assembly inserted over 11,000 politically-motivated projects into Nigeria’s 2025 budget, totaling N6.93...
Why Dangote Is Keeping Petrol Prices Down Despite Crude Swings
Nigeria Why Dangote Is Keeping Petrol Prices Down Despite Crude Swings
Nigeria News
1 min read
The Dangote Petroleum Refinery says its ability to cut and stabilize petrol prices is due to Nigeria’s naira-for-crude initiative, supporting...
CBN May Pause Rate Moves to Protect Gains Against Inflation and Uncertainty
Nigeria CBN May Pause Rate Moves to Protect Gains Against Inflation and Uncertainty
Nigeria News
1 min read
Nigeria’s Monetary Policy Committee (MPC) is expected to maintain the 27.50% interest rate as inflation shows signs of easing. The decision is...
Beyond the Drills: What Tinubu’s Backing of Kolmani Means for the Sector
Nigeria Beyond the Drills: What Tinubu’s Backing of Kolmani Means for the Sector
Nigeria News
1 min read
President Tinubu has approved key licenses for the Kolmani Integrated Development Project, reigniting momentum around Nigeria’s northern oil...
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