Nigeria’s inflation reaching 31.7% in February 2024 necessitated the more aggressive response of the CBN to address inflationary pressures.

Afreximbank VP Kanayo Awani says Africa can boost its trade for a shared prosperity among countries within the continent.

Nigeria’s Customs praised stakeholder cooperation and compliance for achieving revenue targets and facilitating smoother cargo clearance processes.

Dele Alake has advised mining companies to emulate the international best practices of Segilola gold project to develop the sector.

Afreximbank’s Net interest income reached $1.4 billion, total assets grew by 20.12% by the end of 2023 FY.

Air Peace CEO Allen Onyema attests to President Tinubu’s efforts in encouraging private sector players by removing obstacles to business.

The World Bank has loaned Ethiopia $1.72bn to enhance electricity, water supply and food transportation.

Zimbabwe’s new currency ZiG’s introductory exchange rate is set at 13.56 per dollar.

The AEDC has been given an April 11 deadline by NERC to reimburse customers who were charged a wrong tariff.

Exhibitors at a German-sponsored trade fair expressed optimism about Nigeria’s rising profile in agriculture, citing increased interest and potential collaborations.

IPMAN wants NNPC to explain how funds for drilling oil at the Kolmani River between Bauchi and Gombe were expended.

The Naira has sustained its rally against the dollar, showing resilience at both the official and parallel markets.

The FIRS says it wasn’t able to charge Tigran Gambaryan because it couldn’t access him in custody.

“Nigeria’s debt-to-GDP ratio is still sustainable. The issue with Nigeria is with regards to debt-to-revenue ratio,” says AfDB’s Urama.

Energy expert Yemi Oke criticises Nigerian government subsidising electricity without tangible benefits for consumers, and calls for subsidy restructuring.

A Renaissance Capital report suggests 2024 has a positive outlook for Nigeria with strengthening currency and rise in oil prices.

Tuesday’s trading saw the naira’s highest spot rate at N1,312 and lowest spot rate recorded at N1,250.

Dangote remains Africa’s richest man, while Adenuga, Rabiu, and Otedola also feature prominently In Forbes Billionaires List 2024.

“Products are being evacuated by sea and road,” a Dangote Refinery executive says as it’s petroleum products hit Nigerian market.

Transcorp Hotels’ audited results reveal profit for the year at N6.1bn in December 2023, up from N2.6bn in December 2022.