Economy

Net reserves surge 772% to $34.8bn, Cardoso says

  The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has disclosed that…

Netflix CEO holds White House talks amid Warner Bros. Discovery bidding battle

Chief Executive Officer of Netflix, Ted Sarandos, was at the White House on Thursday…

NNPCL to begin export of new crude grade in March

  The Nigerian National Petroleum Company Limited has announced that it will begin exporting…

CBN cuts interest rate to 26.50%

    The Central Bank of Nigeria has reduced the Monetary Policy Rate  by…

World Bank raises Ukraine reconstruction cost to $588b

The World Bank has revised upward its estimate for rebuilding Ukraine, putting the total…

Beer companies recover stolen bottles, crates following joint police raids

The Beer Sectoral Group, in partnership with the Nigeria Police Force, conducted raids on…

Tinubu signs executive order to reform oil revenue framework

President Bola Tinubu has signed a new Executive Order aimed at protecting and boosting…

US states sue Trump $1.2bn clean energy funding cut

A coalition of 13 U.S. states led by California announced Wednesday that it has…

Dangote signs $400m equipment deal to fast-track refinery expansion

  Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction…

Sri Lanka lawmakers vote to abolish parliamentary pension scheme

Lawmakers in Sri Lanka on Tuesday voted by a large majority to abolish their…

CBN fines banks N10m for using unaccredited cheque printers

The Central Bank of Nigeria has imposed a N10 million fine on commercial banks…

Food inflation falls to 14-year low in Nigeria – NBS

Nigeria's food inflation rate dropped to 8.89 per cent year-on-year in January 2026, the…

UAE champions AI-driven governance at world governments summit

Six-year-old urban planners in Portugal, the introduction of the world’s first climate visas between…

UAE, Saudi Arabia, Qatar set to import Nigerian fodder, says Minister

The United Arab Emirates, Saudi Arabia, and Qatar are reportedly preparing to import fodder…

Naira could fall below ₦1,000/$1 before year-end, says Otedola

Billionaire businessman Femi Otedola has expressed optimism that the naira could trade below ₦1,000…