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US tariff hike could hurt Nigeria's export earnings, industrial growth - MAN

Nigeria, April 16 -- The Manufacturers Association of Nigeria (MAN) has warned that the 14 per cent tariff on Nigerian exports imposed by the United States could hurt the country's manufacturing secto... Read More


Bank recapitalisation crucial for $1 trillion economy target - CBN

Nigeria, April 16 -- The Central Bank of Nigeria has reiterated that the ongoing banking sector recapitalisation is essential for Nigeria's ambition to become a $1 trillion economy, describing the pro... Read More


SPECIAL REPORT: Inside the excessive bank charges killing Nigerians

Nigeria, April 15 -- Ozovehe Blessing, an Abuja-based school teacher, regularly sends money to her younger brother at Kogi State University. Recently, she transferred N5,000 via her mobile banking app... Read More


N5.51 trillion committed to real sector, PenCom tells IMF delegation

Nigeria, April 11 -- The National Pension Commission (PenCom) has disclosed that the Nigerian pension industry has committed a total of N5.51 trillion to asset classes that support long-term financing... Read More


US-China trade war could slash bilateral trade by 80%, split global economy - WTO

Nigeria, April 10 -- The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, has warned that escalating trade tensions between the United States and China could lead to an 80 per ce... Read More


Pay GenCos to avoid power sector collapse, Elumelu tells FG

Nigeria, April 10 -- Transcorp Group chairman Tony Elumelu has warned that the country's electricity supply system will collapse if the federal government fails to urgently pay debts owed to power gen... Read More


Nigeria posts $6.83 billion payments surplus in 2024, first in three years - CBN

Nigeria, April 9 -- The Central Bank of Nigeria has said Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, ending three years of deficits. The bank disclosed this Tuesday in a ... Read More


US laments Nigeria's import ban on key products

Nigeria, April 9 -- The United States has criticised Nigeria's longstanding import ban on 25 product categories, warning that the policy undermines American exporters and blocks access to one of Afric... Read More


Tinubu mourns Pascal Dozie

Nigeria, April 8 -- President Bola Tinubu has paid tribute to Pascal Dozie, the late founder of Diamond Bank and pioneer chairman of MTN Nigeria, describing him as "a rare breed business leader" who h... Read More


Pascal Dozie, Diamond Bank founder, dies at 85

Nigeria, April 8 -- Pascal Dozie, a Nigerian entrepreneur who played a defining role in the development of Nigeria's modern banking and telecommunications industries, has died. He was 85. Mr Dozie p... Read More