Tinubu Seeks Senate's Approval of Cardoso as MPC Chair President Bola Ahmed Tinubu has appointed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, as the chairman and 11 others as members of the newly constituted Monetary Policy Committee (MPC) of the apex...

Nigeria’s Crude Production Falls 1.419mbpd in January - OPEC The Organisation of Petroleum Exporting Countries report shows that Nigeria’s crude oil production marginally dropped to 1.42 million barrels a day in January 2024. OPEC’s Monthly Oil Report for February 2024 released Tuesday showed that the country’s...

FG to Distribute Free 42,000MT Grains Nationwide The Federal Government, on Wednesday, announced that it would distribute the 42,000 metric tonnes of grains approved by President Bola Tinubu to poor Nigerians at no cost. FG disclosed that the Department of State Services and the National Emergency...

Students, Pregnant Women, Others to Benefit from N5bn Intervention Fund - Abiodun The Ogun State Governor, Dapo Abiodun, on Wednesday announced the disbursement of over N5bn intervention plans to cushion the economic hardship faced in the state. He assured that it would go a long way...

FG to DisCos: Resolve Metering Gap to Tackle Estimated Billing System The Federal Government has charged power distribution companies to address metering gap in the country in order to tackle the estimated billing system where customers pay more and receive less service. It disclosed this on...

How Nigeria FX Crisis Demoralises Foreign Investors – Comercio Partners Foreign investors may choose to hold off on investing in Nigeria due to the ongoing forex crisis, according to a new report by leading research and investment company, Comercio Partners. The firm’s Macroeconomic Outlook 2024 report,...