Nigeria's Deepwater Oil Production: A Sector in Crisis
Nigeria’s deepwater oil production—once the crown jewel of its offshore energy sector—has slumped to a five-year low....
What Happened
The Nigerian Economic Summit Group (NESG) CEO, Dr. Tayo Aduloju, revealed during the CIDN lecture that the recent 50% tariff relief on telecom...
SEC Bans CEOs from Chairman Role Without a 3-Year Break
Nigeria’s Securities and Exchange Commission (SEC) has issued a landmark corporate governance directive banning CEOs...
Federal Reserve Holds Rates
In its meeting on June 18, 2025, the Federal Reserve decided to maintain interest rates between 4.25%–4.50%, marking the fourth straight...
What’s the Big News?
According to Punch NG, the Nigeria Education Loan Fund (NELFUND) has launched a fully digital Student Loan Application System (SLAS) —...
CBN Tightens Capital Rules: Nigeria’s Banks Face the Wake-Up Call
FirstHoldCo’s $887 Million Problem
Nation’s central bank isn’t playing games. A recent “Cash is...
Deadly Attack, Economic Disaster
On June 13, militants launched a savage night raid on the Yelewata settlement in Benue State, killing up to 200 displaced...