The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, stated that the banking sector recapitalisation programme is progressing in accordance with the approved regulatory timetable, with activity…
Read More Banking sector recapitalisation on course – CardosoCategory: Business
Dangote refinery to supply 65m litres of petrol daily
…Exports 20m Litres Surplus In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of Premium Motor Spirit…
Read More Dangote refinery to supply 65m litres of petrol dailyCBN reduces interest rate to 26.50%
The Central Bank of Nigeria has cut the interest rate by 50 basis points to 26.50 percent from 27 percent. Nigeria’s apex bank announced this during its 304th Monetary Policy…
Read More CBN reduces interest rate to 26.50%Dangote refinery and NNPC forge strategic alliance to secure Nigeria’s energy future
In a landmark move signaling a new era of collaboration, Dangote Petroleum Refinery and the Nigerian National Petroleum Company Limited (NNPC Ltd.) have committed to a strategic partnership aimed at…
Read More Dangote refinery and NNPC forge strategic alliance to secure Nigeria’s energy futureDMO: Nigeria’s public debt stock rose by N900bn to N153trn in Q3 2025
The Debt Management Office (DMO) says Nigeria’s total public debt profile hit N153.29 trillion as at September 30, 2025. Nigeria’s total public debt increased by N900 billion or 0.59 percent…
Read More DMO: Nigeria’s public debt stock rose by N900bn to N153trn in Q3 2025
