The federal government of Nigeria, in collaboration with the Economic Community of West African States (ECOWAS), has launched a nutrition support and cash transfer program benefiting 7,347 individuals. 

According to Bismarck Rewane, a popular economist and the Chief Executive Officer of Financial Derivatives, Nigeria’s $1 trillion economy target under President Bola Ahmed Tinubu will not be possible in the next four to five years.  

Agusto & Co, a prominent credit rating agency, cautions that despite a recent slight moderation in Nigeria's inflation, the threat of sustained inflation remains due to several impending fiscal measures.  

NNPC Targets Enhanced Refining Capacity at Warri and Kaduna Plants The Nigeria National Petroleum Company Limited (NNPC Ltd.) has announced plans to enhance refining quality and ensure sustained production at its Warri and Kaduna refineries. The company will adopt new maintenance and compliance measures, deploy...

High Cost of Cement Fuelled by Middlemen, BUA Says BUA Cement Plc, has accused middlemen, or ‘dealers,’ of being the primary culprits behind the high cost of cement across the country. The Chairman of the Board of Directors, Abdul Samad Rabiu, stated this at the company’s...

Currency Outside Banks Drops by 3.32% – CBN Currency held outside of Nigeria’s banking system dropped to N3.66tn in July, about 3.32 per cent lower than it was in the previous month. This was disclosed in Money and Credit data available on the website of the...