Live intelligence from 10+ verified Nigerian and UK sources
Nigerians may face prolonged high petrol prices as global oil prices surge following Trump's termination of a ceasefire. The anticipated relief at the pumps appears increasingly uncertain.
The ILO emphasizes that safeguarding workers' rights is essential for quality jobs and fair labor mobility. Effective enforcement of these rights remains a significant challenge in achieving sustained competitiveness.
Emem Usoro has over two decades of experience in various banking sectors, showcasing her operational excellence. As the Deputy Governor of Nigeria's Central Bank, she is recognized as a significant force in the financial landscape.
The Nigerian stock market has seen a significant increase, gaining N8.49 trillion over three days. This growth is driven by strong investor demand for major stocks like Dangote Cement Plc.
Experts gathered at the AFEA 2026 conference to discuss the challenges and opportunities for African development. They emphasized the importance of using borrowed funds for capital investment to avoid debt burdens.
Nigeria's federal agencies face challenges in executing capital projects despite rising government revenues. Delayed cash releases are contributing to a significant slowdown in capital expenditures.
S&P Dow Jones Indices has placed Nigeria on a watchlist for a potential Frontier Market upgrade by 2027. This recognition highlights the positive developments in Africa's most populous economy.
The Nigerian Upstream Petroleum Regulatory Commission has awarded 19 oil exploration licenses to 12 companies in the 2024 bid round. This initiative aims to enhance investment in the oil sector and boost Nigeria's economy.
The Naira, which opened the trading week on Monday with a gain of N1.92 at the official market, recorded its first loss of N7.47 on Tuesday. The post Naira further depreciates, loses N3.32 against dollar at official market appeared first on Vanguard News.
The CBN has issued a warning against the refusal to accept N100 banknotes, stating it violates the CBN Act. Such actions could undermine public confidence in Nigeria's currency.
The IMF has issued a warning that increasing prices for essential goods may worsen poverty and food insecurity in Nigeria. This comes despite recent signs of economic stability in the country.
Thirty-three ships are set to dock at Lagos ports, bringing in fuel and various goods. This influx is expected to boost the local economy and ensure the availability of essential products.
The Central Bank of Nigeria (CBN) mopped up excess liquidity from the banking system on Wednesday, raising N1.06 trillion at read more CBN mops up N1.06trn as cash surge fuels T-Bill demand
The report warned that the possibility of renewed Middle East conflict looms large and could extend commodity price volatility, further threaten supply chains, raise prices, and weigh on financial conditions. The post IMF cuts global growth forecast to 3.0% appeared first on Prem...
By Vincent Ujumadu Traders at the Bridge Head Drug Market in Onitsha have handed over substandard, falsified and expired drugs valued at N435 million to the National Agency for Food and Drug Administration and Control (NAFDAC) for destruction. The Chairman of the market’s C...
…Projects Nigeria’s GDP at 4.1% in 2026, 4.3% in 2027 …Cuts global growth forecast to 3.0% for 2026 …Says improved macroeconomic stability supports Nigeria’s economy By Babajide Komolafe, Economy Editor The International Monetary Fund, IMF, has warned that risin...
The IMF has lowered its global growth forecast for 2026 to 3.0% due to ongoing risks in the Middle East. Despite an AI boom, global inflation is expected to rise.
The Central Bank of Nigeria (CBN) has warned individuals, businesses and financial institutions against rejecting the standard N100 banknote, saying read more CBN warns against rejection ofstandard N100 note, threatens sanctions
Ticket prices for the FIFA 2026 World Cup quarter-finals have dropped by more than 50 per cent on the resale read more Market Crash: Why FIFA 2026 World Cup ticket prices plunged by over 50%
Global economic growth is now estimated at 3.0 per cent this year, the International Monetary Fund said, down from 3.1 per cent in its April forecast. The post IMF Lowers 2026 World Growth Forecast appeared first on Channels Television.
In the upper echelons of the Nigerian Exchange Limited (NGX), market forces usually dictate the rhythm of stock prices – read more Why BUA Foods ticker only dances to the Abdul Samad tune
The heated exchanges disrupted proceedings and led to a prolonged debate that lasted for about 30 minutes. The post Rowdy Session In House Of Reps Over Motion On Budget Implementation appeared first on Channels Television.
The CBN stressed that the commemorative ₦100 banknote, introduced to mark Nigeria’s centenary celebration, did not replace the existing standard ₦100 banknote. The post Standard, Commemorative ₦100 Notes Remain Legal Tender – CBN appeared first on Channels Television.
The ANOH Gas Processing Company Limited (AGPC) has signed a Network Entry Agreement (NEA) with the Nigerian Gas Infrastructure Company read more ANOH Gas signs deal with NGIC to inject 250MMscf/d into national network
President Tinubu emphasized the need for Africa to transition from discussions to actionable steps for industrial growth and job creation. His collaboration with Afreximbank aims to enhance economic cooperation across the continent.
CBN data showed that the indicative exchange rate for the market rose slightly to N1,379 per dollar from N1,371 per dollar on Monday, indicating N8 depreciation for the naira. The post Naira Down To ₦1,379 Per Dollar appeared first on Channels Television.
…let us retire the annual ritual of outrage over the ₦17.45 billion. We should note properly: it is a modest service charge on a trade that Nigeria disciplined and guaranteed years ago, not evidence that our neighbours are fleecing us. The more useful truth is that Nigeri...
The neighbours’ ‘debt’ is a residual service charge on a trade that Nigeria disciplined and guaranteed back in 2019. The real opportunity is to scale the commercial model that already works. Every few months, the same headline returns: Benin, Togo and Niger owe Nigeria ...
International benchmark Brent North Sea crude jumped 5.3 per cent to $78.09 a barrel, while the main US contract, West Texas Intermediate, advanced 5.4 per cent to $74.23 a barrel. The post Oil Jumps 5% After Trump Says Iran Ceasefire Over appeared first on Channels Television.
Oil prices have surged to $74 per barrel after President Trump's announcement regarding the end of the ceasefire with Iran. This increase reflects market reactions to geopolitical tensions in the Middle East.