Business
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CBN Moves to Tighten Oversight of Financial Holding Companies with New Draft Rules
Exposure draft proposes stronger capital requirements, tighter control structures and expanded regulatory safeguards for banking groups…. The Central Bank of…
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Business Confidence Surges Despite Economic Headwinds, But Nigerian Consumers Remain Pessimistic — CBN
Latest surveys reveal growing optimism among businesses as households continue to grapple with inflation, weak purchasing power and financial pressures…..…
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Nigeria Exceeds OPEC Oil Quota for First Time in 2026 as Production Hits 15-Month High
Crude output rises above OPEC target while total oil production climbs to 1.70 million barrels per day amid improved operational…
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Cardoso Wins Global Central Banking Award as CBN Reforms Gain International Recognition
CBN Governor dedicates prestigious honour to staff, says reforms are restoring confidence in Nigeria’s financial system… Governor of the Central…
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ECB Raises Interest Rates for First Time in Nearly Three Years as Middle East Conflict Fuels Inflation Fears
Eurozone faces difficult balancing act as rising energy costs push inflation higher while economic growth weakens…. The European Central Bank…
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AfCFTA Eyes $250bn Intra-African Trade Milestone as Lagos Emerges Key Growth Hub
Trade bloc chief says Africa must look inward for growth amid global economic uncertainty, while Lagos positions itself as a…
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Nigeria’s Manufacturing Sector Still Stuck After 26 Years of Democracy – CPPE
Despite policy reforms and isolated success stories, structural challenges continue to hold back industrial growth -Muda Yusuf….. As Nigeria marks…
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Standard Bank Pledges Strong Backing for Dangote Refinery IPO, Signals Deeper Africa Expansion Push
Africa’s biggest lender commits support for listing of Dangote Petroleum Refinery as facility exceeds production capacity and strengthens regional energy…
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U.S. Inflation Hits Three-Year High as Energy Shock Fuels Economic Pressure Ahead of Elections
Consumer prices climb 4.2% in May as oil surge, geopolitical tensions, and rising food costs squeeze American households and complicate…
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Nigeria’s Trade Surplus Soars to ₦7.55tn as Exports Rise and Imports Tumble
Lower fuel imports and stronger export earnings drive a sharp improvement in the country’s trade position during the first quarter…
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