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$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...
Can ‘Nigeria First’ Fuel Industrial Growth or Just Spark Another Bureaucratic Cycle?
Nigeria Can ‘Nigeria First’ Fuel Industrial Growth or Just Spark Another Bureaucratic Cycle?
Nigeria News
1 min read
The Federal Government has projected that its new ‘Nigeria First’ procurement policy will inject N3 trillion into the economy yearly, reduce...
Today’s Naira Rate [18-05-2025]: CBN Steadies Naira at N1,599/$1, Black Market Widens to N1,635/$1
Nigeria Today’s Naira Rate [18-05-2025]: CBN Steadies Naira at N1,599/$1, Black Market Widens to N1,635/$1
Nigeria News
1 min read
The naira slightly appreciated at the official market, closing at N1,599/$1, while widening its gap with the parallel market where it traded at...
What Nigeria’s EBRD Membership Means for Entrepreneurs
Nigeria What Nigeria’s EBRD Membership Means for Entrepreneurs
Nigeria News
1 min read
Nigeria has formally joined the European Bank for Reconstruction and Development (EBRD), opening the door to global capital and technical...
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