BUSINESS

FG Targets 7,000 Jobs Through Nationwide Ranching Estates 0
- BUSINESS, SLIDE
- June 6, 2026
The Federal Government has announced plans to generate about 7,000 direct jobs through a newly designed estate-based ranching programme aimed at transforming Nigeria’s livestock sector, improving productivity, and expanding rural economic opportunities across the country. According to a statement issued by the Federal Ministry of Livestock Development, the initiative is part of a broader strategy
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CBN Unveils New Payments System To Boost Financial Inclusion 0
- BUSINESS, SLIDE
- June 2, 2026
The Central Bank of Nigeria (CBN) has launched the Nigeria Payments System Vision (PSV) 2028, a strategic framework aimed at building a more secure, innovative, inclusive and globally competitive payment ecosystem. The framework was unveiled in Abuja by the Governor of the CBN, Olayemi Cardoso, who said the initiative would accelerate financial sector growth and
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Tinubu Says Nigeria Spent ₦18.4 Billion Daily on Fuel Subsidy Before Removal 0
- BUSINESS, SLIDE
- May 29, 2026
President Bola Tinubu has revealed that Nigeria was spending as much as ₦18.4 billion every day on petrol subsidies before his administration removed the policy. The President made the disclosure on Friday during his nationwide broadcast marking the third anniversary of his administration. NELFUND Denies Suspending Students’ Upkeep Allowance According to Tinubu, the fuel subsidy
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Dangote Refinery Cuts Diesel Price by ₦200 As Imported Fuel Supply Increases Competition 0
- BUSINESS, SLIDE
- May 28, 2026
The Dangote Petroleum Refinery has reduced the gantry price of Automotive Gas Oil (diesel) by ₦200 per litre, marking a notable shift in Nigeria’s downstream petroleum market amid rising competition and increased fuel supply. The new adjustment brings the price of diesel down from ₦1,800 to ₦1,600 per litre at the depot level, according
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Investors Traded N161.8bn Shares On NGX In Five Days — Down By 50%0
- BUSINESS, SLIDE
- May 25, 2026
Stock market activity on the Nigerian Exchange Limited (NGX) slowed significantly last week, as investors traded shares worth about N161.75 billion over a five-day period, reflecting a sharp 50 percent decline compared to the previous week. The latest trading data highlights reduced investor participation across the equities market, alongside a mild dip in key performance
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CBN Retains Interest Rate At 26.5% After MPC Meeting 0
- BUSINESS, SLIDE
- May 20, 2026
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s benchmark interest rate, known as the Monetary Policy Rate (MPR), at 26.5%. The decision was reached during the committee’s 305th meeting held in Abuja, with all 11 MPC members participating in deliberations on inflation, lending conditions, and the broader
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