Gold, Grit and Vision: How Cardoso is Pushing Nigeria’s Reserve Reawakening, by Rahma Olamide Oladosu   In a time when confidence in economic governance often hangs by a thread, the Central Bank of Nigeria’s recent decision to diversify the country’s external...

CBN’s Steady Hand on Personal Loans: Doing Things Differently, Expecting Different Results, by Rahma Olamide Oladosu   “Insanity is doing the same things over and over and expecting different results” - Albert Einstein As someone who has observed Nigeria’s financial terrain for years,...

NNPC Refineries Could Be Permanently Shut Down - Dangote   The President of the Dangote Group, Alhaji Aliko Dangote, has doubted the possibility of the state-owned Port Harcourt, Warri, and Kaduna refineries functioning again. Dangote also stated that the refineries, which are...

FG Rakes in N12trn from Oil Royalties as Naira Depreciates   The Federal Government’s earnings from oil royalties and others ballooned from about N4tn to N12tn following the devaluation of the naira. This represents a 200 per cent jump in earnings...

Senate Summons NNPC Boss Over Alleged N210trn Missing Funds   The Senate on Thursday ordered the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Bayo Ojulari, to appear before its Public Accounts Committee over unresolved financial infractions...

Security Investments Impacting Crude Production Costs - NNPC The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Bayo Ojulari, has attributed the country’s high oil production cost to massive security investments aimed at safeguarding crude oil...