The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Wednesday voted to retain the Monetary Policy Rate (MPR) at 26.5% following its 305th meeting, which recorded the attendance…
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Category: Business
Global firms Singamas, China International Marine, Shanghai Universal, CXIC, top executives indicted for multibillion-dollar global conspiracy
PRESS RELEASE • May 20, 2026 Executives of leading manufacturing firms were indicted for conspiring to fix the prices of nearly all of the world’s standard unrefrigerated shipping containers. Singamas Container…
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Oil stocks declining ‘very fast’, IEA Chief warns
Commercial oil stocks are falling “very fast” as Gulf supplies remain disrupted by the Middle East war, even with the release of strategic reserves by governments worldwide, the head of…
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FirstBank, Visa launch Naira Visa Debit Card to accelerate Nigeria’s Cashless payments drive
…Affordable, widely accepted, and built for everyday spending, the Naira Visa Debit Card brings electronic payments within reach for millions of Nigerians First Bank of Nigeria Limited has announced the…
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Fertiliser Plants: Dangote vows to ensure food security in Africa
…Raises Investment in Ethiopia to $4 Billion President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments, declaring that…
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