Nigeria Faces External Shocks After Bank of England Rate Slash

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The Bank of England (BoE) has lowered its benchmark interest rate to 4 percent, the lowest level in two years. This move highlights mounting...

Tinubu Tasks Governors with Grassroots Resource Distribution

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Under the aegis of the National Economic Council (NEC), President Bola Tinubu met with governors on Thursday. He informed them of the increasing disparity...

Nigeria’s Brightened GDP Prospects May Drive Employment and Capital Inflow

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The International Monetary Fund (IMF) has updated its forecast for Nigeria's GDP growth rate to 3.4 percent, which has been characterized as having the...

Fubara Can’t Be Impeached, No Offence Committed – Epelle Warns Wike

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The Federal Capital Territory (FCT) Minister Nyesom Wike has been cautioned by activist Jake Epelle of Rivers to cease threatening to remove his estranged...

Nigerian Equities Market Records Historic N1.736trn Daily Gain

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Tuesday's notable N1.736 trillion increase in the Nigerian stock market was fueled by robust corporate earnings reporting during the earnings season. On Thursday, July 10,...

Transcorp Grows Revenue to N279.7bn, PBT to N85.7bn in First Half of 2025

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Transnational Corporation Plc, the top listed conglomerate in Nigeria, revealed its H1 unaudited results for the period ending June 30, 2025, which showed remarkable...

Senate Orders NNPCL to Resolve N210 Trillion Audit Queries Within Three Weeks

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The Senate again demanded explanations from the Nigerian National Petroleum Company Limited's (NNPCL) management on Tuesday regarding the whereabouts of N210 trillion that was...

NNPC Promises Timely Completion of Port Harcourt Refinery Rehab

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Reiterating its commitment to completing high-grade rehabilitation and maintaining the plant, the Nigerian National Petroleum Company Limited (NNPCL) has formally ruled out selling the...