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The next few months will be critical in the formation of the gas aggregator, the company to be formed by South Africa’s largest gas consumers, as a way to avert the “gas cliff.” The goal of the gas ...
THE world is entering a period of economic turbulence, driven by shifting trade policies and investment flows. The incoming US administration is set to trigger structural shocks that will ripple ...
Nigeria’s private sector activity continued its upward trajectory in March 2025, with the Central Bank of Nigeria’s (CBN) Purchasing Managers’ Index (PMI) rising to 52.3 index points, up from 51.4 ...
In the War Room, a carbon-14 test on a wooden dowel pulled from 60 feet deep in RP2 revealed a 44% chance it dates back to 1744, just a year before the Money Pit’s recorded discovery.
As of March 2024, the financial inclusion rate in Nigeria is targeted to reach 95% by the end of the year, as part of the Central Bank of Nigeria’s ongoing strategy. However, recent reports ...
Following two consecutive years of external deficits, the Central Bank of Nigeria (CBN) has announced a surplus of $6.83 billion in Nigeria’s Balance of Payments (BOP) for the 2024 financial year.
The statement was signed by the CBN’s Acting Director, Corporate Communications, Mrs Hakama Sidi-Ali. The figure marks a significant turnaround from deficits of $3.34bn and $3.32bn recorded in ...
According to the CBN, in 2023, the country posted a deficit of $3.34 billion. The previous year, it was $3.32 billion. The central bank said the 2024 surplus reflected the results of key economic ...
The wide range of reforms initiated by the Central Bank of Nigeria (CBN) is yielding positive results, with the Federal government recording a $6.83 billion balance of payments surplus in 2024. This ...
The Central Bank of Nigeria (CBN) has announced that personal remittances into the country have soared to an impressive $20.93 billion in 2024. This surge in diaspora contributions represents a ...
Petroleum Imports Fall by 23.2% To $14.06bn, Non-Oil imports Drop 12.6% The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83bn for the 2024 financial year, ...
The recent ABS-CBN Ball was a moment of spring awakening for the media giant’s A-list celebrities, up-and-coming names, and special guests. However, notable individuals such as Liza Soberano ...
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