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Nigeria’s monthly trade surplus fell by 35 per cent, month-on-month, MoM to $1.39 billion in July from $2.14 billion in June, driven by increase in imports and...
A SaharaReporters’ review of the Nigerian National Petroleum Company Limited (NNPCL) financial statement for the year ended December 2024 has shown that a sum of N7.1...
The Central Bank of Nigeria (CBN) has revealed that 16 banks have met its recapitalisation threshold, marking steady progress in the industry’s efforts to strengthen balance sheets and comply with new regulatory requirements ahead of...
Dangote Industries has signed a major agreement with Honeywell to provide advanced refinery services and technology that will enable the expansion of its refining capacity to...
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27 percent, maintaining its tight monetary stance as part of ongoing efforts to rein in inflation...
The Nigerian National Petroleum Company (NNPC Limited) has reported a profit after tax of ₦5.4 trillion for the full year ended 2024, on the back of...
… as banks’ credit to govt increases Money supply to Nigeria’s economy has significantly surged to a record N117.8 trillion in two years, amid growing banks’ credit...
The Central Bank of Nigeria (CBN) has rolled out a new guideline targeting dud cheques, proposing a five-year ban for customers who repeatedly issue them, in...
Paystack, the Stripe-owned Nigerian fintech, says it terminated its cofounder, Ezra Olubi, on the grounds of “significant negative reputational damage” caused by his resurfaced tweets. The...
Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have...