Minister Hints On Inevitability Of Higher Petrol Price, Says FG Can’t Afford Subsidy
Questions on the lips of most Nigerians are why subsidy payments by the Federal government have been shrouded in secrecy,...
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Moody’s Flags Environmental Risk on $218Bn Loans By Nigeria, Others
African banks are exposed to environmental risks that may threaten their credit quality and profitability as climate change makes shocks...
Analysis: Waiting For MPC, MoF For Improved Living Standards
As the nation awaits with bated breadth the outcome of the Monetary Policy Committee (MPC) meeting today, indications have emerged...
NNPC To Be Minority Investor In Port Harcourt Refinery
Nigeria’s state-owned oil company plans to become a minority shareholder in its largest refinery after finishing refurbishments on it, according...
Devaluation Beckons As Nigeria Adopts Flexible Rate in Foreign-Exchange Policy Overhaul
In a move seen by some analysts as likely third devaluation of the local currency, Naira within 12 months, Nigeria...
U.S Senators Press Biden To Set End Date For Gas-Powered Car Sales
California’s two U.S. senators are urging President Joe Biden to set a firm date to phase-out gas-powered passenger vehicles as...
Emerging Markets Caught In Flux As Central Banks Walk Tightrope
Emerging markets may be about to enter a fresh period of volatility as central banks struggle to hold inflation in...
Fitch Affirms Nigeria’s ‘B’ Rating, Stable Outlook, Bemoans High Inflation, Weak Growth
Fitch Ratings has affirmed Nigeria’s long-term foreign-currency Issuer Default Rating (IDR) at ‘B’ and assigned the country a Stable Outlook....
Covid-19 To Serve As Platform For South African Vaccine Industry
The BioVac Institute, a state-backed South African vaccine company, plans to use a deal it won to manufacture coronavirus shots...
Oppositions To Rehabilitation Of P/H Refinery Swell As Chairman NGF, Fayemi Says More Information Needed To Justify Action
More oppositions to the proposed rehabilitation of the Port Harcourt refinery by the federal government have continued to swell with...
