Business

CPPE Rejects World Bank Import Push, Urges Industrial Focus 

CPPE Rejects World Bank Import Push, Urges Industrial Focus 

By Rukayat Moisemhe The Centre for the Promotion of Private Enterprise (CPPE) has faulted a World Bank recommendation advocating increased importation…
Power Sector Faces Contract Failure, Infrastructure Gaps Amid Sufficient Gas Supply

Power Sector Faces Contract Failure, Infrastructure Gaps Amid Sufficient Gas Supply

Nigeria’s electricity sector continues to grapple with deep-rooted structural and contractual challenges, even as the country maintains sufficient gas supply…
Presidency Clarifies ₦3.3trn Settlement Plan Approved For Gencos

Presidency Clarifies ₦3.3trn Settlement Plan Approved For Gencos

The Presidency on Thursday clarified controversy surrounding the approval of a ₦3.3 trillion plan by President Bola Tinubu, to settle…
FX market reforms raise capital inflows by 200% – Cardoso

FX market reforms raise capital inflows by 200% – Cardoso

By Grace AlegbaMr Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN), says reforms inNigeria’s foreign exchange (FX) market have significantly…
JUST IN: CBN Limits Transfers On New Banking Apps To N20,000

JUST IN: CBN Limits Transfers On New Banking Apps To N20,000

The Central Bank of Nigeria (CBN) has issued new guidelines for mobile financialservices, placing a limit on the amount customers…
Block Large Loan Defaulters From Credit Access- CBN Directs Banks

Block Large Loan Defaulters From Credit Access- CBN Directs Banks

The Central Bank of Nigeria (CBN) has asked commercial banks to restrict loandefaulters, specifically large-ticket obligors, from accessing credit facilities.A…
Why Domestic Refineries Cannot Insulate Fuel Prices- Expert

Why Domestic Refineries Cannot Insulate Fuel Prices- Expert

By Rukayat MoisemheThe Centre for the Promotion of Private Enterprise (CPPE) says the presence of domestic refineries in Nigeria cannot…
Subsidised Crude For Local Refineries Key To Fuel Price Stability – Expert

Subsidised Crude For Local Refineries Key To Fuel Price Stability – Expert

By Emmanuella AnokamAn economic expert, Dr Chijioke Ekechukwu, has urged the Federal Governmentto supply crude oil to local refineries at…
‘NNPC Refineries Unsustainable, We Were Just Wasting Money’ – Says Ojulari, NNPC Boss

‘NNPC Refineries Unsustainable, We Were Just Wasting Money’ – Says Ojulari, NNPC Boss

The truth about the non performance of Nigeria`s four refineries has finally beenouted by no other than the boss of…
Expert Seeks Visa Reciprocity In Nigeria’s Trade, Economic Agreements

Expert Seeks Visa Reciprocity In Nigeria’s Trade, Economic Agreements

By EricJames OchigboThe Founder of the Africa Development Studies Centre (ADSC), Mr VictorOluwafemi, has called on the Federal Government to…
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