Will Wednesday’s Fed Rate Cut Be Last One Until Summer 2026?
The latest employment report showed just 22,000 new jobs in August and unemployment at 4.3%, the highest since 2021.
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IMF Backs Nigeria’s Fuel Subsidy Removal, Exchange Rate Unification For Economic Prosperity
The International Monetary Fund (IMF) has once again thrown its weight behind Nigeria’s efforts to remove fuel subsidies and unify its exchange rates, emphasizing that these measures are pivotal to the nation’s economic revival. In an exclusive interview on Channel TV, Ari
Senator Calls For 50 Dangotes, 50 BUAs, 50 Otedolas To Compete Globally
In a groundbreaking revelation during the Senate’s screening of Dr. Cardoso for the role of CBN Governor, Senator Ahmed Wadada Aliyi, Senator representing Nasarawa West Senatorial District has ignited a discussion that transcends the ordinary. With an impassioned call for a competitive revolution,
Subsidy Removal: NLC, TUC To Begin Nationwide Indefinite Strike Oct 3
The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have resolved to embark on nationwide strike starting from October 3, 2023 over failure of the Federal Government to meet their demands of implementing policies to cushion the effect of petrol subsidy
NASENI EVC Tasks Staff To Support President Tinubu’s Fuel Transition Agenda
Mr. Khalil Halilu, the Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), has called on the agency’s management staff to provide innovative ideas to support President Bola Ahmed Tinubu’s agenda of transitioning vehicles
Atiku’s Aide Challenges FG For Petrol Price Transparency
Phrank Shaibu, Special Assistant to former VP Atiku Abubakar on Public Communication, demands transparency in petrol pricing from the APC-led government, calling for data on landing costs and pricing strategies below N640 per litre. Shaibu’s daring statement comes in response to a
Forex Transactions Decline By $89.61 Million As Dollar Rate Surges
In an unexpected turn of events, the foreign exchange landscape witnessed a dramatic shift on Monday, as the value of total foreign exchange transactions in the investors’ and exporters’ window of the official market plummeted to $64.14 million. This steep decline, amounting
Politicians’ Dollarization Of Corruption Puts High Pressure On FX – Expert
As Nigeria continues to experience foreign exchange (forex) crisis, leading to a steep depreciation of the naira, an economic expert has attributed the cause to activities in the political circle which puts high pressure on the system.
Nigerian Stock Market Witnesses N241.8 Billion Loss As Caverton, Access, Oando among Top Losers
In a day marked by significant market fluctuations, investors in the Nigerian capital market found themselves grappling with losses totaling N241.8 billion by the close of trading on Monday. This economic setback was primarily driven by a 0.65 percent plunge in market
NCDMB, NNPC, IOCs Sign Agreement, Target 6 Months Oil Industry Contract Cycle
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Abuja signed a Memorandum of Understanding (MoU) cum Service Level Agreement (SLA) with the Nigerian National Petroleum Company Ltd (NNPC Ltd) and five international oil-producing companies. The goal is to quickly
Nigeria’s Oil & Gas Capital Expenditure Dips To $6 Billion – FG Reveals
Mr. Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a staggering drop in annual upstream capital expenditure (CAPEX), which fell from a towering $27 billion in 2014 to a meager $6 billion in 2022, marking a remarkable
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Investors Reposition As US-China Trade Deal Nears Completion
Japan's Nikkei 225 has surged beyond 50,000 for the first
‘With No More Fed Cuts This Year, US Risks Stagflation’
The decision came amid a sharp split inside the Fed:
INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi
Leadership in investment immigration goes beyond market share or brand
Silver Slides as Investors Lock in Profits Amid Receding Fears
The pullback comes as broader risk appetite improved, fueled by
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