Mathew Verghis: Bringing Down Inflation Is Nigeria’s Most Urgent Task
World Bank Country Director for Nigeria warns high inflation is eroding incomes and driving continued poverty.
World Bank Country Director for Nigeria warns high inflation is eroding incomes and driving continued poverty.
Joint Venture boosts domestic gas supply by over 135 MMscf/d, powering major plants and significantly expanding national electricity generation.
Governor Diri launches Bayelsa’s first state owned aircraft, marking a major milestone in connectivity, commerce and regional development.
MAN calls for deeper rate reduction, warning current lending costs hinder production and weaken competitiveness in the manufacturing sector.
Dangote Group picks US firm Honeywell to double refinery output, enhance polypropylene production, and strengthen Nigeria’s energy and industrial security.
Aviation minister directs NCAA probe, may seize Dana Air assets to repay passengers and agents.
Afreximbank’s Oramah urges African leaders to embrace courage and innovation to turn deglobalisation into growth opportunities.
CBN keeps benchmark interest rate at 27 per cent, citing inflation concerns, banking resilience, Naira stability and macroeconomic progress.
NNPC has reported a N5.4 trillion profit for 2024 on N45.1 trillion revenue, driven by efficiency and reforms
Daily Mail owner DMGT strikes $650 million deal to buy The Telegraph, forming one of Britain’s largest right-leaning media groups.
Zenith Bank rewards ten innovators with ₦140 million and unveils major youth focused technology initiatives at its annual tech fair.
Federal High Court warns First Bank, Access Bank, and Zenith Bank MDs they could face jail for defying NestOil $1bn court order.
Renaissance Energy deepens ties with UI as Attah pushes energy-poverty eradication and inaugurates major community and youth projects.
UAE has launched a $1 billion initiative to expand AI infrastructure across Africa, supporting education, healthcare, and climate-focused goals.
Walmart has opened its first South African store in Roodepoort, drawing large crowds with low prices and global products
NestOil says police defaced its Lagos office and caused severe reputational harm while delaying major crude shipments.
Nasarawa’s $400m rare earth plant will boost jobs, industrial growth and position Nigeria as a key global minerals supplier.
Kevin Okyere’s Springfield is in talks to transfer its prized deepwater offshore asset, WCTP2, to the Government of Ghana.
Nigeria’s federal government has collected N26 billion so far in 2025 from mining licenses; Nasarawa rare earth plant set to create 10,000 jobs.
Oil prices fell sharply as US peace proposals for Russia-Ukraine and oversupply concerns triggered market declines.
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