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Finance & Economy - Page 52

BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

The Bank of Industry (BOI) achieved a landmark milestone in 2025, disbursing a record N636 billion to over 7,000 Nigerian enterprises, marking the largest annual financing in its history, President Tinubu announced on Thursday. According to the President, the financing spanned multiple

February 14, 2026

Naira Falls Against Dollar Across FX Markets

Business·Finance & Economy·News

Naira Gains Stability But Caution Needed, Rewane Warns

The Naira has maintained stability in the foreign exchange market, gaining value against the US dollar. Data from the Central Bank of Nigeria (CBN) shows the Naira closed at N1,502.50 per dollar, reflecting a 0.56 percent appreciation compared to N1,511 the previous

February 23, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd February, 2025

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

February 23, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd February, 2025

February 22, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st February, 2025

February 21, 2025

Why CBN Retained Bencmark Interest Rate At 27.5%

Finance & Economy

Why CBN Retained Benchmark Interest Rate At 27.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), the benchmark interest rate in the country, at 27.50 percent. This was announced by the CBN Governor, Dr Olayemi Cardoso, at the end

February 21, 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th February, 2025

February 20, 2025

CPPE Highlights What Must Be Done To Sustain Disinflation In Nigeria

Business·Finance & Economy

Nigerians, Businesses Need Reduction In Prices Not Just Inflation Rate – Muda Yusuf

CEO of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has stated that what households and businesses in Nigeria need is a drastic reduction in prices not just inflation rate. Yusuf stated this while commenting on the January

February 20, 2025

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Finance & Economy

CBN’s Recalibration Conundrum: A Critical Analysis Of Nigeria’s Economic Trajectory

As the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) convenes today, the recent rebasing of the Consumer Price Index (CPI) has raised questions about the accuracy of Nigeria’s inflation metrics. The newly adjusted Headline CPI for January 2025 stands at

February 19, 2025

Business·FEATURES·Finance & Economy·News

Is Nigeria’s Inflation Drop Government’s Propaganda Or Genuine Relief?

Nigeria’s inflation rate dropped to 24.48% in January 2025, a significant decrease from the previous 34.80% in December 2024, according to the National Bureau of Statistics (NBS). This report which was earlier reported by Prime Business Africa was seen as a positive

February 19, 2025

Economic Expert Advises Nigerian Govt To Reduce Import Dependence As Trump's Policies Disrupt Global Economy

Finance & Economy

Expert Advises Govt To Address Import Dependence As Trump’s Policies Disrupt Global Economy

CEO of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has advised the Nigerian government to make policies that reduce import dependence, warning that it poses a major risk to the economic and social security of a country.

February 17, 2025

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Finance & Economy - Page 52

BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

Naira Gains Stability But Caution Needed, Rewane Warns

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 23rd February, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd February, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 21st February, 2025

Why CBN Retained Benchmark Interest Rate At 27.5%

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th February, 2025

Nigerians, Businesses Need Reduction In Prices Not Just Inflation Rate – Muda Yusuf

CBN’s Recalibration Conundrum: A Critical Analysis Of Nigeria’s Economic Trajectory

Is Nigeria’s Inflation Drop Government’s Propaganda Or Genuine Relief?

Expert Advises Govt To Address Import Dependence As Trump’s Policies Disrupt Global Economy

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Senate U-Turn or Smoke Screen? Loopholes in Electoral Reform Persist

Opinion: Why Afreximbank’s Break with Fitch Exposes a Deeper Rift

Political Heavyweights Visit El-Rufai, Call for Respect for Rule of Law

U.S. Energy Secretary Wright Visits Caracas to Boost Venezuela Energy Ties

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U.S. Troops Touch Down in Nigeria as 200-Member Deployment Begins

Nigeria’s Debt Servicing Jumps Fourfold in Four Years, Hits ₦15.91tn in 2026 Proposal

China to Scrap Tariffs for 53 African Countries from May 1, Excludes Eswatini

BOI Disburses Record N636bn in 2025, Creates 1.6m Jobs – President Tinubu

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

U.S. Troops Touch Down in Nigeria as 200-Member Deployment Begins

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Finance & Economy - Page 52

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