NSCDC nabs seven for involvement in illegal petroleum trade
Abdullateef Fowewe The Nigeria Security and Civil Defence Corps has confirmed the arrest of seven suspects involved in unlawful dealings...
Economy
NICA calls for strategic institutional collaboration to drive Nigeria’s economic transition to credit-based system
The National Institute of Credit Administration (NICA), a chartered authority mandated with the regulation, supervision, and control of the credit...
FG affirms continuation of naira-based crude, refined product sales policy
Abdullateef Fowewe The Federal Government has reiterated that its policy of transacting crude oil and refined petroleum products in Naira...
Nigeria, Sweden to strengthen economic relation
Abdullateef Fowewe Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, hosted Crown Princess Victoria of Sweden to Abuja on Monday as...
CBN injects $197.71m to boost FX liquidity amid US tariff slams
Nike Popoola The Central Bank of Nigeria (CBN) has injected US$197.71 million into the economy through sales to Authorized...
Foreign exchange inflow rose to $27.81bn in Q4, 2024 – CBN
Nike Popoola Foreign exchange inflow through the economy to US$27.81billion in the fourth quarter of 2024. Figures obtained by...
NICA urges business leaders to strengthen credit risk management oversight
Nike Popoola As part of its unwavering commitment to promoting best practices in credit management, the National Institute of Credit...
Nigeria, EU strengthen economic ties with €1.3bn investment portfolio
Abdullateef Fowewe In a significant move to bolster economic cooperation, the Honourable Minister of Finance and Coordinating Minister of the...
Edun, Cardoso meet to bolster fiscal-monetary coordination
Abdullateef Fowewe In a significant move to enhance economic stability, the Coordinating Minister of the Economy, Wale Edun, on Friday,...
Inflation drops to 23.18% in February – NBS
Abdullateef Fowewe The National Bureau of Statistics on Monday said headline inflation eased from 24.48 per cent in January 2025...