Business

Cardoso Says Strong Reserves and Policy Coordination Backed 350bps Rate Cut

Business Editor -
  The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has said stronger economic buffers and closer fiscal and monetary coordination gave the bank confidence...

FG Pledges Steady Power Supply and Full Payment of Gencos’ Legacy Debts

Business Editor -
  The Federal Government says it will clear the remaining legacy debts owed to power generation companies (Gencos). It also promises steady electricity for all...

Fuel Subsidy or Discount? What Nigerians Need to Know About the New Petrol Relief

Business Editor -
  Nigerians are asking a simple question about petrol. Will it get cheaper, and for how long? The government says the answer is not a return...

Champions League Matchday Two: Arsenal, Man Utd and Barcelona Chase Key Wins

Business Editor -
  Nine games light up the Champions League tonight. Arsenal, Manchester United, Barcelona and Bayern Munich all want to build on their openers. Others need...

Dangote Refinery Extends IPO by Two Weeks After Strong Demand

Business Editor -
  Dangote Petroleum Refinery has extended its share offer by two weeks. The offer will now close on October 27, instead of October 13. The...
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