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CBN holds benchmark rate at 27% as inflation continues to ease

Nigeria, Nov. 25 -- Nigeria's central bank on Tuesday kept its benchmark interest rate unchanged at 27 per cent, maintaining its policy stance as inflation continues to slow and economic conditions st... Read More


Global economy 'better than feared but worse than needed' - IMF

Nigeria, Nov. 24 -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Saturday that the global economy continued to show resilience despite multiple shocks, but remained... Read More


Fintech in Nigeria faces a reset as growth pressures mount - Banker

Nigeria, Nov. 22 -- Increasing comfort with the use of mobile and digital banking has prompted banks and fintechs to explore tools such as artificial intelligence, embedded finance, and blockchain to ... Read More


Again, FG rejects religious framing of Nigeria's security crisis as terror attacks escalate

Nigeria, Nov. 20 -- The Federal Government on Wednesday dismissed attempts to portray the country's security crisis as religiously driven, saying terrorists and criminal groups were attacking citizens... Read More


IEI announces CEO resignation, names acting head

Nigeria, Nov. 19 -- International Energy Insurance Plc (IEI) said its managing director and chief executive, Olasupo Sogelola, resigned from the company with effect from 12 November, marking another m... Read More


Policy reversals undermine Nigeria's reform agenda, experts warn

Nigeria, Nov. 18 -- Frequent policy reversals and weak coordination across government are undermining Nigeria's reform efforts and damaging public trust, experts said on Saturday at the second edition... Read More


Suspending fuel import duty endangers jobs, FX stability, energy independence - CPPE

Nigeria, Nov. 17 -- The Centre for the Promotion of Private Enterprise (CPPE) warned that Nigeria's suspension of the 15 per cent import duty on petrol and diesel could weaken domestic refining, hurt ... Read More


Premium Times Academy trains journalists on Nigeria's business, economy, financial reporting

Nigeria, Nov. 14 -- Journalists from major newsrooms across Nigeria have completed a two-day intensive training on business, economic, and financial reporting, organised by Premium Times Training Acad... Read More


Nigeria must prioritise debt for infrastructure, not consumption - Alaje

Nigeria, Nov. 13 -- Nigeria must ensure that borrowed funds are used for infrastructure rather than consumption to achieve sustainable economic growth, Paul Alaje, an economic expert, said on Wednesda... Read More


UBA targets financing partnerships for Chad's $30 billion competitiveness drive

Nigeria, Nov. 12 -- The United Bank for Africa (UBA) has pledged to strengthen financing partnerships to help Chad realise its $30 billion Tchad Connexion 2030 plan, which seeks to expand power, water... Read More