Foreign Education Allocation Crashes by 83% in 2024, Says CBN Data from the Central Bank of Nigeria’s first-quarter 2024 statistical bulletin, revealed that Nigerians spent $38.17m on foreign education between January and March 2024. The amount spent crashed by 83 per cent from $218.87m recorded in...

FG Charges IOCs to Comply with Gas Flare Directives The Federal Government has cautioned International Oil Companies operating in Nigeria to desist from disregarding gas flare directives of various regulatory agencies in Nigeria. It stated that though a few IOCs often complied with these directives, most...

The Central Bank of Nigeria (CBN) has expressed optimism about the Federal Government's recent measures to address the food supply deficit, which is expected to help curb inflation. 

President Nguema Seeks Dangote's Investments in Gabon for Job Creation, Economic Growth President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. The President urged...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again increased the benchmark interest rate by 50 basis points from 26.25 per cent to 26.75 per cent. 

Dr. Emomotimi Agama, the Director General of the Securities and Exchange Commission (SEC), is urging capital market stakeholders, intermediaries, issuers, investors, and regulators to take advantage of the enormous resources and potential of sustainable finance to build a green climate resilient economy in Nigeria and create greater prosperity for investors and Nigerians.