Business
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New Tariff Regime Signals Shift to Local Production, But Raises Risks for Import-Driven Businesses – CPPE
Policy seen boosting manufacturing and industrial growth, as experts call for refinements in auto, energy and refining sectors….. The Centre…
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CBN: Nigeria’s FX Market Now More Liquid, Less Central Bank-Driven as Confidence Improves
Olayemi Cardoso says market reforms have boosted liquidity and reduced interventions, even as reserves dip below $49bn but remain “comfortable”…
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Nigeria’s Foreign Reserves Fall to $48.6bn as FX Pressures Persist Despite Market Reforms
CBN data shows $1.38bn drop in five weeks amid steady outflows, even as officials insist market-driven reforms are stabilising long-term…
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Elumelu: Poverty, Not Choice, Is Driving Migration Crisis Across the World
UBA chairman warns that economic exclusion fuels dangerous migration routes, highlights $100m foundation’s role in empowering African entrepreneurs and creating…
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Nigerian Airlines Suspend Planned Shutdown After Keyamo’s Intervention in Jet Fuel Crisis
Airline Operators of Nigeria step back from April 20 flight suspension as talks are scheduled with the aviation minister over…
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MAN Pushes Back on Fuel Import Proposal, Warns of Risks to Nigeria’s Industrial Growth
Manufacturers urge government to prioritise local refining and alternative energy over renewed petrol imports….. The Manufacturers Association of Nigeria has…
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FCCPC Denies Ban on Airtime Borrowing, Blames Disruptions on Telecom Non-Compliance
Regulator says Nigerians can still access data and airtime credit services, warns against misinformation….. The Federal Competition and Consumer Protection…
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Naira Extends Rally, Closes Stronger at N1,342.5/$ on Weaker Dollar
Improved global sentiment and easing geopolitical tensions lift Nigeria’s currency despite dip in external reserves….. The naira sustained its upward…
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Europe Turns to Nigeria, U.S. for Jet Fuel as Gulf Disruptions Upend Supply Chains
Record imports from Washington and Abuja underscore shifting energy dynamics as Hormuz tensions squeeze traditional routes…. Europe is rapidly reshaping…
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Tensions Surge in Gulf as Iran Reasserts Control Over Hormuz, Casting Doubt on Fragile Peace Efforts
Confusion over the strait’s status rattles oil markets and undermines optimism from Donald Trump that a breakthrough deal with Tehran…
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