By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) says Nigeria’s inflation rate has dropped for six months straight, hitting 18.02 per cent in September; its lowest point in three years. The CBN Governor, Yemi Cardoso, said this in a statement on Thursday in Washington. Cardoso cited new data, releasedContinue Reading
By Nana Musa The Chairman of Heirs Holdings and United Bank for Africa (UBA), Tony Elumelu, has urged African governments to unlock the continent’s vast pension funds. Elumelu made the call during the inauguration of the white paper on mobilising over four trillion dollars untapped domestic capital across Africa, presentedContinue Reading
By Adebola Adegoke Mantrac Nigeria, the sole authorised Caterpillar equipment representative in the country, has reaffirmed commitment to Nigeria’s industrial and infrastructure growth with its new digital service centre. The digital centre monitors equipment performance remotely, conducts virtual inspections, and proactively responds to faults or irregularities beforeContinue Reading
By Nana Musa/Kadiri Abdulrahman The Central Bank of Nigeria (CBN) has assured foreign investors that the government will continue to advance reforms and unlock opportunities for sustainable investment and growth. CBN Governor, Yemi Cardoso, gave the assurance in Washington, while addressing investors at the Nigeria Investors Forum held on theContinue Reading
By Taiye Olayemi National Pension Commission (PenCom) has assured that all Federal Government workers retiring between October and December this year will receive their pension benefits before Dec. 15. PenCom Director-General, Ms Omolola Oloworaran, gave the assurance during the opening of a two-day sensitisation workshop forContinue Reading
By Nana Musa/Abdulrahaman Kadiri Washington, Oct. 15, 2025 (NAN) Chairman, Heirs Holdings, Tony Elumelu, has called for a deliberate and coordinated global effort to invest in Artificial Intelligence (AI) and digital infrastructure across Africa to unlock the content’s productivity potential. Elumelu made the call on Wednesday, in Washington at aContinue Reading
By Taiye Olayemi The stock market reversed losses by 0.02 per cent on Wednesday, recording N20 billion gain for investors after a day’s negative run. The positive performance was due to returned investors interest in stocks like Skye Shelter Fund, Royal Exchange, International Energy Insurance, Julius Berger, Omatek and 29Continue Reading
The Ambassador of the Republic of Tunisia to Nigeria, Mr Mohsen Antit, has pledged his country’s commitment to strengthening economic ties with Nigeria to boost trade and enhance revenue generation. Antit made the commitment during the Ndigboamaka Progressive Markets Association All Markets Conference 2025, held in Lagos on Wednesday, withContinue Reading
By Nana Musa The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s trade surplus has climbed to six per cent of the nation’s Gross Domestic Product (GDP). Cardoso said this in a statement by the Director of Information and Public Relations, Federal Ministry of Finance,Continue Reading
By Kadiri Abdulrahman The International Monetary Fund (IMF) says global public debt is projected to grow above 100 per cent of Gross Domestic Product (GDP) by 2029. The Director of the Fiscal Affairs Department, IMF, Vitor Gaspar, gave the projection on Wednesday in Washington while presenting the fund’s fiscal monitor.Continue Reading
