Cement Stocks Drive NGX to N833bn Gain
The Nigerian Exchange Limited (NGX) gained momentum on Thursday as cement stocks pushed the market capitalisation higher by N833bn, buoyed by strong investor interest.
The benchmark All-Share Index rose by 1.02 per cent or...
Electricity Subsidy Surges by 220%, Reaches Almost N2trn
The Federal Government’s electricity tariff subsidy jumped from N610bn in 2023 to N1.94tn in 2024. This represents a 219.67 per cent increase in yearly subsidy funding, despite the Band A tariff hike...
Nigeria’s Cashless Revolution and its Distant Destination, by Rahma Olamide Oladosu
It is difficult if not impossible to ignore the buzz surrounding Nigeria’s growing dominance in real-time payments. At a recent digital finance summit, the Central Bank of Nigeria boldly...
NELFUND Disburses Over ₦73 Billion in Student Loans as Beneficiaries Hit 366,000
The Nigeria Education Loan Fund (NELFUND) has recorded significant milestones in its student loan disbursement scheme, with over ₦73 billion disbursed to Nigerian students since the launch of...
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,...
