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CBN RESHUFFLES DEPUTY GOVERNORS IN LEADERSHIP REORGANISATION By: Safiya Abdulrahim Dabban The Central Bank of Nigeria (CBN) has reassigned its four deputy governors in a leadership reshuffle aimed at strengthening operations and aligning responsibilities with the bank’s strategic priorities. The changes, which
DANGOTE INCREASES ETHIOPIA FERTILISER PROJECT INVESTMENT TO $4BN By: Safiya Abdulrahim Dabban President of Dangote Industries Limited, Aliko Dangote, has increased the investment value of the company’s fertiliser plant project in Ethiopia from $2.5 billion to over $4 billion. Dangote received a
ECONOMIC REFORMS BOOST CONFIDENCE IN NIGERIA – SHETTIMA By: Safiya Abdulrahim Dabban Vice President Kashim Shettima says Nigeria’s economy is gaining momentum following reforms introduced by President Bola Tinubu, noting that key indicators are beginning to show improvement. Speaking at the Nasarawa
NUPENG FLAGS RISING JOB LOSSES, RIGHTS VIOLATIONS IN OIL SECTOR By: Safiya Abdulrahim Dabban The Nigeria Union of Petroleum and Natural Gas Workers has raised concerns over increasing job losses and alleged suppression of workers’ rights in Nigeria’s oil and gas industry.
REPS PUSH FOR PRICE STABILITY POLICIES TO PROTECT FARMERS FROM HEAVY LOSSES By: Safiya Abdulrahim Dabban The House of Representatives has called on the Federal Government to urgently introduce policies aimed at stabilising the prices of agricultural produce, warning that farmers across
NORWAY OIL EXPORTS HIT RECORD HIGH AS IRAN WAR SHAKES GLOBAL SUPPLY By: Safiya Abdulrahim Dabban Norway’s oil export earnings surged to a record level as the Iran war and disruption of the Strait of Hormuz triggered a sharp rise in global
TINUBU URGES HOPE AS FUEL PRICE HIKE BITES HARD By: Safiya Abdulrahim Dabban Bola Tinubu has admitted that rising fuel prices are hitting Nigerians hard but urged citizens to stay hopeful, saying the country is still better off compared to others. Speaking
GOLD HOLDS STEADY AS CEASEFIRE TENSIONS KEEP MARKETS CAUTIOUS By: Safiya Abdulrahim Dabban Gold prices stayed mostly flat as investors watched the fragile U.S.–Iran ceasefire and awaited key U.S. inflation data. Spot gold edged up slightly, while futures dipped, reflecting uncertainty over
NCC ORDERS TELCOS TO COMPENSATE USERS FOR POOR NETWORK By: Safiya Abdulrahim Dabban The Nigerian Communications Commission has directed telecom operators to compensate subscribers whenever network quality falls below required standards in specific areas. The Commission says users shouldn’t bear the cost
NAIRA FALLS AS DOLLAR STRENGTHENS AMID GLOBAL TENSIONS By: Safiya Abdulrahim Dabban The naira weakened against the U.S. dollar on Wednesday as global inflation fears and geopolitical tensions continued to pressure emerging market currencies. It slipped to N1,391/$ from N1,383.5/$, with ongoing