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CBN Flags Election Spending, Oil Shocks as Inflation Risks

The Central Bank of Nigeria (CBN) has warned that rising election-related spending and potential oil price shocks could pose upside risks to Nigeria’s inflation outlook.
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Nigeria’s External Reserves Hit $54bn, Highest in 13 Years — Cardoso

Nigeria’s gross external reserves have climbed to $50.45 billion, making the highest level in 13 years, the Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, has said.
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Cardoso: Foreign Investors Pump $706m into Nigeria’s Banking Recapitalisation

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained the rationale behind the $706.84 million foreign capital inflow into Nigeria.
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FINAL PHASE: ₦4.05tn Raised as 20 Banks Meet CBN Recapitalisation Threshold

Nigeria’s banking sector recapitalisation programme has entered its decisive phase, with a total of ₦4.05 trillion in verified capital raised.
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Nigeria Wins $6.2m Arbitration Case Against European Tech Firm

Nigeria has secured a major legal victory in an international arbitration dispute, defeating a $6.2 million claim filed by European technology contractor, European Dynamics UK Ltd, over a national e-procurement project.
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Dangote Refinery to List Shares for Nigerians in 5 Months

Aliko Dangote has announced that ordinary Nigerians will be able to buy shares in the Dangote Refinery within the next four to five months, as the company prepares for listing.
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Economic Confidential is a magazine published and produced by Image Merchant Promotion (IMPR) Limited, an Abuja-based Public Relations (PR) outfit with specialty in Media Relations, Crisis Communication, Social Media, Publishing, and Integrated Marketing Communication.

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