CBN Reaffirms Bank Recapitalisation Drive To Power Nigeria’s $1 Trillion Economy
CBN says recapitalising banks is key to financial stability, credit expansion, and achieving Nigeria’s $1 trillion economy by 2030.
CBN says recapitalising banks is key to financial stability, credit expansion, and achieving Nigeria’s $1 trillion economy by 2030.
Air Peace receives dry-leased Boeing 737-700 NG from AerCap, marking Nigeria’s first in a decade and boosting aviation confidence.
Opec Governor Adeyemi-Bero has urged full backing for Dangote Refinery, stressing its impact on GDP, forex savings, and national growth.
Shield Africa CEO, Osenaga Michael-Orokpo, urges creation of a national farmer database to ensure fair distribution of agricultural inputs.
Nigeria’s $2.35bn Eurobond attracts $13bn in bids, marking a $10.65bn oversubscription and renewed investor confidence in Nigeria’s reforms.
PenCom DG Omolola Oloworaran announces plans to diversify pension assets and expand coverage to deepen confidence in Nigeria’s pension system.
WEF President Borge Brende warns of emerging bubbles in AI, crypto, and global debt, stressing government borrowing is highest since 1945.
Ondo State partners global investors on $50bn refinery and free trade zone project to drive industrialisation, job creation, and economic growth.
Dangote Cement pledges full CNG-powered fleet by 2026, investing in cleaner energy and sustainability to achieve 29% emissions reduction.
Manufacturers Association of Nigeria hails new import tariff on petrol and diesel, calling it a patriotic move to strengthen local industries.
NNPC reaffirms plan to hit 2 million barrels daily by 2027, attract $60bn investment for Nigeria’s energy growth.
President Tinubu appoints Dr John Nwabueze as Nigeria’s first Tax Ombudsman to strengthen transparency, fairness, and accountability in tax administration.
Economist Olojede urges government to ensure transparency and allow economic stability before implementing new petroleum import duty.
Nigeria expects $20bn upstream investments by 2029 to boost crude oil and gas production, says presidential aide Olu Verheijen.
LCCI has urged federal government to delay the 15% fuel import tax, warning it could worsen inflation and hurt businesses.
David Oyedele says new tax laws taking effect in January will introduce 50 reliefs for low-income earners and small businesses.
The Nigerian stock market lost N246 billion following Trump’s designation of Nigeria as a “Country of Particular Concern.”
Kelvin Emmanuel says the government imposed the 15% import tax because regulators failed to enforce the Petroleum Industry Act as required.
Wood Mackenzie forecasts global oil demand to peak in 2032, urging $4.3 trillion yearly investment to limit warming to 2°C.
Moniepoint unveils Nigeria’s first AI-powered chatbot to support informal sector growth, earning government praise for driving financial inclusion.
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