President Bola Tinubu reaffirmed his administration’s commitment to navigating Nigeria away from economic ruin through a series of comprehensive reforms.

The oil market fell yesterday as weak consumer confidence data in the United States fed concerns regarding the economic outlook and fuel demand after a slow start to the summer driving season, with Brent futures for August down by $1 or 1.2 per cent at $85.01 a barrel and the US West Texas Intermediate (WTI) crude futures losing 80 cents or 1 per cent to settle at $80.83 per barrel. 

Katuka And The Redemption of The Capital Market, by Gidado Shuaib   With the recent appointment of Mallam Mairiga Aliyu Katuka, a long-standing insider in the financial services sector, as the Chairman of the Securities and Exchange Commission (SEC), by the...

According to President Bola Tinubu, Nigeria must remain committed to a balanced approach to energy transition that supports the vulnerable members of society. 

The tightening of the Central Bank of Nigeria’s (CBN) monetary policy has lead to a lack of liquidity in the banking system. As a result, in just three weeks in June 2024, several Nigerian banks and merchant banks have borrowed an estimated N3.76 trillion from the CBN to cover their daily obligations. 

President Bola Tinubu has approved the appointment of Mr. Olatunji Bello as the new Chief Executive Officer/Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), pending confirmation by the Senate.