CBN Releases N2.1trn For Manufacturing, Healthcare, Others   The Central Bank of Nigeria (CBN) has released N2.1 trillion to support the real sector, the bank has announced. The apex bank said the funds, which came under the the Real Sector Support Facility...

New Naira Notes In Huge Circulation - CBN   The Central Bank of Nigeria has said there is a huge circulation of the new naira notes in the economy. The CBN Lagos Branch Controller, Godfrey Koyor, said this during a stakeholder sensitisation...

Oil Prices Set For $105 On Global Demand Growth   Solid growth in global oil demand is set to drive oil prices to above $100 this year and Brent Crude could trade at $105 per barrel by the fourth quarter. Also, global...

FG Disburses N173bn For Uniform Fuel Price Nationwide   The Federal Government disbursed about N173.2bn for the equalisation of over 11.6 billion litres of Premium Motor Spirit, popularly called petrol, between 2019 and 2022, data obtained from the Federal Ministry of...

Export Intervention Loans Now N44bn   The Central Bank of Nigeria’s intervention funds under its Export Facilitation Initiative rose to N44.58bn in October 2022. The bank disclosed this in statements released on its last Monetary Policy Committee meeting in 2022. “Under the Export...

NUPRC Commences 2022 Mini-bid Round   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of its 2022 mini-bid round. This is according to a press statement signed by NUPRC Chief Executive Officer, Gbenga Komolafe, on Tuesday, January 10, published...