Rahma Oladosu

CBN Reports $3.73bn Current Account Surplus for Nigeria in Q1 2025

‎‎CBN Reports $3.73bn Current Account Surplus for Nigeria in Q1 2025 ‎ ‎ ‎The Central Bank of Nigeria (CBN) has reported a current account surplus of $3.73 billion for the first quarter of 2025, citing growth in non-oil and gas exports as...

Nigeria, Conflict-Affected Economies Face Growing Extreme Poverty Crisis – World Bank 

Nigeria, Conflict-Affected Economies Face Growing Extreme Poverty Crisis - World Bank    The World Bank has warned that extreme poverty is growing rapidly in Nigeria and 38 other economies affected by conflict and instability, worsening hunger and pushing development goals further...

NNPC Uncovers Sabotage Plot, Reiterates Commitment to Reforms

NNPC Uncovers Sabotage Plot, Reiterates Commitment to Reforms   The new leadership of the Nigerian National Petroleum Company Limited (NNPCL) led by Bayo Ojulari, has raised the alarm that some saboteurs within and outside the organisation are working against efforts to...

Stock Market Plunges, Loses N491bn in One Week

Stock Market Plunges, Loses N491bn in One Week   The Nigerian Stock Market ended the week bearish on Friday, with investors recording a loss of N491 billion. Market capitalisation declined by N491 billion or 0.64 per cent, closing at N75.962 trillion from...

Nigeria’s Exports to African Countries Decline by N631.5bn

Nigeria’s Exports to African Countries Decline by N631.5bn   Stakeholders are banking on the continued growth of non-oil trade to drive Nigeria’s exports to African countries, despite earnings crashing by 631.52 bn to N1.85 tn since the last peak of N2.49...

Dangote to List Fertiliser Subsidiary, Eyes Over $3bn Dividend

Dangote to List Fertiliser Subsidiary, Eyes Over $3bn Dividend   The President/ Chief Executive of the Dangote Group, Aliko Dangote, yesterday stated that the Group will soon list the Dangote Fertiliser Limited on the Nigerian Exchange (NGX), with the aim of...
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