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Finance & Economy - Page 4

Trump’s Inauguration : Full List of World Leaders To Attend

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

The Consumer Price Index (CPI) showed that headline inflation rose 3.0% year-on-year in September, slightly lower than expected, while core inflation held at 3.1%.

October 25, 2025

News·Oil & Gas

‘This Is Lawlessness’- Dangote Slams PENGASSAN Over Gas Cut-Off That Threatens Fuel Supply

The management of Dangote Petroleum Refinery has issued a strongly worded statement condemning the Petroleum and Natural Gas senior Staff Association of Nigeria (PENGASSAN) for directing its members to cut off gas and crude oil supplies to the $20 billion facility, warning

September 27, 2025

Labour·News·Oil & Gas

Dangote Risks Gas Supply Cut as Labour Dispute Boils Over

Nigeria’s most ambitious private oil project, the Dangote Petroleum Refinery, is reeling from a fast-deepening labour crisis after the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) late Friday night ordered an immediate cut-off of gas and crude oil supplies

September 27, 2025

Finance & Economy·News

Fed Rate Cut, Trump’s $100K H-1B Fee, Nigeria’s Inflation Drop Rock Global Economy

A flurry of major economic and political decisions last week reverberated across global markets, offering a vivid snapshot of an increasingly fragile and interconnected world economy. From Washington to Abuja, policymakers are grappling with the challenge of keeping growth alive while taming

September 22, 2025

News·Oil & Gas

Dangote, Fuel Marketers in Fierce Face-Off Over Alleged ₦1.5 Trillion Subsidy

The dispute between Dangote Petroleum Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) deepened on Thursday as the refinery issued a strongly-worded statement accusing marketers of waging an “economic sabotage” campaign to derail Nigeria’s drive for energy self-sufficiency.

September 18, 2025

Business·Finance & Economy

Calls For Interest Rate Cut Intensify As Inflation Records Further Decline

Ahead of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) meeting next week, calls for the CBN to cut the interest rate have intensified. In a notice published on its website, the apex bank stated that the 302nd MPC meeting has

September 17, 2025

Finance & Economy·News

Nigeria’s Inflation Drops to 20.12% in August, Offering Relief to Households, Businesses

Nigeria’s inflation slowed for the fifth straight month in August 2025, with headline inflation easing to 20.12% from 21.88% in July, according to new data from the National Bureau of Statistics (NBS). The 176-basis-point drop signals a meaningful turnaround for an economy

September 17, 2025

News·Oil & Gas

Dangote Deploys 4,000 CNG Trucks, Promises 24,000 Jobs Nationwide

Nigeria’s largest refinery operator, Dangote Petroleum Refinery, has rolled out 4,000 Compressed Natural Gas (CNG)-powered trucks across the country, promising to create at least 24,000 jobs. The announcement was made in a recent interview with Aliko Dangote, President and CEO of Dangote

September 16, 2025

Business·Finance & Economy

Naira Opens Week Positive As Inflation Further Drops

The Nigerian naira opened the week on a positive note, trading below ₦1,500 per dollar at the official foreign exchange market. The Central Bank of Nigeria (CBN) data showed that the naira appreciated to ₦1,497.5 per dollar at the Nigerian Foreign Exchange Market (NFEM)

September 16, 2025

CBN Gives Banks October 31 Deadline To Comply With Payment Messaging Standard

Finance & Economy

Ensuring Banking System Stability

By Arize Nwobu The importance of banks in driving the economy cannot be overemphasised. In developing countries, banks are noted as the most important intermediary and which provides the greater financial services and which is a major reason why it seems to be

September 16, 2025

News·Oil & Gas

Analyst Accuses NUPENG of Economic Sabotage Over Dangote Refinery Dispute

Public affairs analyst Onovughe Igwe has called on the Federal Government to sanction the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) over its recent threats of a nationwide strike, accusing the powerful oil workers’ union of acting as “agents of

September 16, 2025

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Finance & Economy - Page 4

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

‘This Is Lawlessness’- Dangote Slams PENGASSAN Over Gas Cut-Off That Threatens Fuel Supply

Dangote Risks Gas Supply Cut as Labour Dispute Boils Over

Fed Rate Cut, Trump’s $100K H-1B Fee, Nigeria’s Inflation Drop Rock Global Economy

Dangote, Fuel Marketers in Fierce Face-Off Over Alleged ₦1.5 Trillion Subsidy

Calls For Interest Rate Cut Intensify As Inflation Records Further Decline

Nigeria’s Inflation Drops to 20.12% in August, Offering Relief to Households, Businesses

Dangote Deploys 4,000 CNG Trucks, Promises 24,000 Jobs Nationwide

Naira Opens Week Positive As Inflation Further Drops

Ensuring Banking System Stability

Analyst Accuses NUPENG of Economic Sabotage Over Dangote Refinery Dispute

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