CBN: Nigeria's inflation drops to 16.05% in October
CBN Governor Cardoso announces sharp decline in inflation and FX market stabilization. Nigeria's economic reforms showing positive results with renewed investor confidence.
Category : Business
QNET pushes for direct selling laws in Nigeria, SSA
QNET calls for legal backing of direct selling in Sub-Saharan Africa to boost job creation and empower youth. Learn how this model tackles unemployment and wellness challenges.
NOA to Drive Public Tax Law Education Before 2026
National Orientation Agency partners with tax committee to educate Nigerians about new Tax Act benefits starting January 2026. Learn how this affects you and combat misinformation.
NADF Infuses Insurance into Agricultural Loans
NADF signs MoU with Leadway Assurance and Verdure Climate to provide insurance packages for agricultural loans, enhancing climate resilience for smallholder farmers across Nigeria.
CBN sells $36.60m to banks amid naira depreciation
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
How Citizen Movements Shaped Nigeria's Tax Reforms
Discover how sustained citizen advocacy through Oxfam programs influenced Nigeria's new tax laws and climate justice initiatives, empowering communities across multiple states.
First HoldCo Sells FBNQuest to EverQuest in Banking Deal
First Bank's parent company completes sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP, marking significant restructuring in Nigeria's banking sector. Learn the details.
EkoDubai Bridges Nigerian Investors to Dubai Real Estate
EkoDubai officially launched in Lagos, creating a trusted bridge for Nigerian investors to access Dubai's lucrative property market with verified options and flexible payment plans.
OPEC+ Likely to Maintain Current Oil Production Levels
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
Dangote Refinery Saves Nigeria N10bn Yearly
Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.
China's Flying Car Industry Takes Off with EV Tech
China leverages electric vehicle expertise to lead flying car revolution. Learn how EV technology and government support position China ahead in the $41 billion low-altitude economy race.
OPEC+ Expected to Maintain Current Oil Output Levels
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Nigeria, Denmark Deepen AMR and Food Safety Collaboration
Nigeria and Denmark strengthen their alliance to combat antimicrobial resistance, enhance food safety, and promote climate-smart agriculture. Discover how this partnership is building resilient food systems for a healthier future.
Court dismisses NAIC appeal in N200bn agric dispute
Appeal Court affirms First Bank's victory over NAIC in N200bn agric credit scheme dispute. Justice Abang dismisses appeal as 'grossly misconceived'. Read the full legal analysis.
Abiodun: Culture Can Drive Nigeria's Economic Growth
Ogun State Governor Dapo Abiodun champions culture and festivals as major foreign exchange earners for Nigeria, citing global examples at Akesan Day. Discover the economic potential.
Cross River Clears 500 for SME Loans at 5% Interest
Cross River State approves 500 entrepreneurs for SMEDAN-Sterling Bank loans at 5% interest rate. Governor Otu's initiative aims to boost small businesses and economic growth across the state.
Ogoni Lament FG Silence After Oil Resumption Report
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
Anambra Gives 220M Palm Seedlings to Households
Anambra State has distributed 220 million palm seedlings to 180,000 households in two years under Governor Soludo's agricultural revolution. Discover how this initiative aims to transform the state's economy.
Airbus A320 Software Update Prevents Major Travel Chaos
Airbus swiftly implements a critical software upgrade for up to 6,000 A320 aircraft, averting widespread flight cancellations. Learn how this move protected air travel.
CBN Won't Fund Fiscal Deficits, Says Cardoso
CBN Governor Olayemi Cardoso declares an end to fiscal deficit financing, commits to single-digit inflation. Nigeria's economy shows resilience amid reforms. Read more.
Nigeria loses $500bn yearly to biodiversity decline
Nigeria faces a $500 billion annual loss from biodiversity decline. Officials urge private sector integration of nature into business models for economic sustainability. Act now!
Nigeria attracts $20.98bn foreign capital in 10 months
Nigeria recorded $20.98bn foreign capital inflows Jan-Oct 2025, a 70% surge. CBN Governor Cardoso credits FX reforms for market stability and renewed investor confidence.
Nigeria's Economy Stabilizes as Inflation Halves to 16.05%
CBN Governor Cardoso reveals Nigeria's economic turnaround: inflation dropped from 34.6% to 16.05%, forex reserves hit $46.7B, and growth reached 4.23%. Discover how reforms are driving sustainable growth.
Akume: Africa Must Lead Tech Energy Revolution
SGF George Akume urges African leaders to embrace emerging technologies for energy transformation. Nigeria positioning as competitive energy economy through Tinubu's reforms.
Nigeria returns to IMO Council after 14 years
President Tinubu celebrates Nigeria's election to IMO Council after 14-year absence. A major win for maritime safety and blue economy ambitions. Read more!
Nigeria Returns to IMO Council After 14-Year Absence
Nigeria has regained its seat in Category C of the International Maritime Organization Council, strengthening its global maritime influence. NPA MD Dantsoho credits Minister Oyetola's leadership for this achievement.
Nigeria's Petrol Consumption Hits 56.74M Litres Daily
New data reveals Nigeria consumed 56.74 million litres of petrol daily in October 2025, with Dangote Refinery producing 18.03 million litres. Discover the full energy consumption breakdown.
Anna Ekeledo: Funding Must Reflect Gender Equity
Anna Ekeledo, former AfriLabs Director, argues that ecosystem funding and structures must intentionally reflect gender equity to unlock Africa's full innovation potential.
Women Inherit 70% of $124 Trillion Wealth Transfer
Forbes reports women will inherit 70% of $124 trillion in the great wealth transfer. Learn how this shift impacts Nigeria and women's financial empowerment worldwide.
Faith Oloruntoba Champions Women in Travel and Tech
Nigerian-Canadian entrepreneur Faith Oloruntoba shares her journey building Ivory Luxe Journeys and Groupbuyhive, advocating for women's empowerment through transformative travel experiences and technology.
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