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Economics at businessday.ng

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16

Nigeria MPC buys time for inflation rebasing, moves meeting to February

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The Monetary Policy Committee meeting, which is held bi-monthly has been postponed to February 17 and 18, three months after

15

Yam, beer, rice drive Food inflation up to 39.84% in December 2024

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Nigeria’s food inflation rate hit 39.84 percent in December 2024, a 5.91 percent increase from the 33.93 percent recorded in

Fined banks load ATMs with cash after sanction

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Most of the Deposit Money Banks (DMBs) sanctioned by the Central Bank of Nigeria (CBN) have taken immediate steps to

14

Tinubu calls for global financial support to tackle climate change

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President Bola Tinubu on Wednesday in Abu Dhabi made case for global financial support for African countries to tackle the

Nigeria’s inflation surged to 34.80 % erasing hopes for rate cut

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Consumer prices rose at a faster annual pace in December, removing any hopes for a rate cut at the Monetary

11

Brokers reveal top stock picks for 2025

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Value-hunting investors in Nigeria’s stock market are expected this year to focus on fundamentally strong stocks, particularly in key sectors

10

Ekiti sets up storage facilities for bumper harvest, food security

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In a move aimed at ensuring food sufficiency, Ekiti State Government has set up storage facilities in different parts of

06

Five things to know to start your Wednesday

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South Korea’s president was arrested South Korea’s impeached President Yoon Suk Yeol was arrested on Wednesday for allegedly causing an

05

Full deregulation sparks petrol price war

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The bold step by the federal government to fully de-regulate the downstream sector has sparked a price war among players

04

Five traps Nigeria’s energy sector must avoid

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Nigeria’s oil and gas sector is at a crossroads in 2025. As the country navigates global shifts in energy demand,

Skills gap slows Nigeria’s oil sector growth

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Nigeria’s energy sector is grappling with growing skills shortages that threaten to hinder its efforts to grow oil production. It

First Bank clarifies case with GHL

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First Bank of Nigeria has given a detailed clarification on the case with General Hydrocarbons Limited (GHL). The bank said

Bitcoin, dollar assets top investments to watch

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It’s a new year and investors are evaluating various asset classes with the hope of selecting the most profitable investment

02

From cassava to tech: Nigeria’s non-oil sectors hold the key to stability

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Nigeria’s precarious reliance on oil revenue is no longer a tenable economic strategy. For decades, crude oil has propped up

Tuesday, Jan 14

22

Obasa was acting like an emperor, impeachment to cut his excesses- Party chieftain

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Fouad Oki says Mudashiru Obasa‘s impeachment as speaker of the Lagos House of Assembly was necessary to hold him accountable for his actions.

21

Nigerians left guessing as NBS website still down hours to inflation report

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Nigerians are still unsure whether to expect inflation report or not as the official website of the National Bureau of

U.S. employers now prefer to hire remotely to bypass employment visa financial requirements- Report

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According to reports from Envoy Global in the United States (U.S) an increasing number of employers plan to hire skilled

CBN fines 9 banks N1.4bn for not dispensing cash via ATMs

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The Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make naira notes available through

19

Mercy Chinwo, Blessed Uzochikwa commend Biden for lifetime award recognition

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Nigerian gospel singer Mercy Chinwo and her husband, Blessed Uzochikwa, have commended outgoing United States President Joe Biden for his

18

Nigeria Air: How Sirika’s pact with Ethiopian Airlines would’ve undermined Nigeria — Keyamo

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Festus Keyamo, minister of aviation and aerospace development has exposed documents of agreements on botched Nigeria Air signed by Hadi

PFAs raise stake in real estate by N267bn in five years

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Nigerian Pension Fund Administrators (PFAs) have grown their investment in real estate over the last five years by N267.93 billion,

17

NBS website remains down a day to inflation report

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Nigerians are left guessing whether to expect inflation report as the National Bureau of Statistics (NBS) site remains inaccessible on

Wike faces legal action as scavengers, beggars demand N500m compensation

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A group of residents in the FCT, including scavengers, beggars, and petty traders, have taken legal action against Nyesom Wike.

16

NGX sees highest daily dip in 2025 as Dangote Cement, Julius Berger, others lose

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Nigeria’s equities market on Tuesday recorded its highest daily decline since start of the year 2025. Investors booked about N1.064trillion

15

Nigeria’s sky-high inflation rate seen falling after data revamp says Bloomberg

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Nigeria’s efforts to curb red-hot inflation are about to get some help from changes to the basket of goods used

13

LemFi, the trusted financial services platform designed for immigrants, has secured $53M in Series B funding led by Highland Europe.

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● LemFi is transforming how immigrant communities access financial services, starting with international remittance and payments to ease financial hurdles

12

Here’re ETFs with best returns in 2024

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Although not yet popular investment instruments in Nigeria, some Exchange-Traded Funds (ETFs) emerged as standout asset classes in 2024. Some

Strategies to push top companies into adopting AI in 2025

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PwC has forecast that the adoption of Artificial Intelligence(AI) will increase as top performing companies would realise ability to fulfill

China may sell TikTok to Elon Musk — Report

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The Chinese government is currently deciding whether to sell ByteDance’s TikTok to Elon Musk following the decision of the US

11

Full list: Lagos assembly speakers from 1979 till date

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Lagos House of Assembly is the legislative arm of the state, comprising 40 members, two from each of the 20