The Central Bank of Nigeria (CBN) is standing firm in its battle against inflation, a move that signals a determined, albeit tough, approach to achieving long-term price stability. In its latest Monetary Policy Committee (MPC) meeting, the CBN opted to hold all key policy parameters, including the benchmark Monetary Policy[Read More…]
Author: Godwin Anyebe
FX Reforms: A Path to Stability or a Perilous Gamble?
Nigeria’s foreign exchange market has long been a source of economic distress, characterized by a complex web of multiple exchange rates, a chronic lack of liquidity, and a pervasive culture of opacity. The recent, bold reforms spearheaded by the Central Bank of Nigeria (CBN) represent a decisive break from this[Read More…]
FirstBank Expo Rallies Agric Stakeholders to Rebuild Nigeria’s Export Capacity
Nigeria’s quest to break free from oil dependency and achieve food sovereignty took center stage at the FirstBank 2025 Agric and Export Expo, where the bank’s Chief Executive Officer/Managing Director emphasized FirstBank’s unwavering commitment to advancing Nigeria’s economic priorities through agricultural transformation. In his opening address, the FirstBank CEO described[Read More…]
Lagos State Supports Entrepreneurship, Innovation, and R&D with New Grant Disbursement
The Lagos State government, through the Lagos State Science Research and Innovation Council (LASRIC), has awarded close to N75 million in grants to support groundbreaking research, innovative projects, and STEM initiatives across the state. The awards aim to foster a knowledge-driven economy, enhance technological advancement, and empower startups, entrepreneurs, and[Read More…]
Advertising practice as we knew died 10 to 15 years ago – Lolu Akinwunmi
Former Chairman of the Advertising Practitioners Council of Nigeria (APCON), now Advertising Regulatory Council of Nigeria (ARCON), Lou Akinwunmi has said that the practice of advertising has changed and has led to a fusion of the different functions of marketing communication. Lolu, who was speaking during his appearance on C-Suite[Read More…]
Cordros Capital Limited Commissions New Home Economics Laboratory at Falomo Junior High School, Ikoyi
Cordros Capital Limited, one of Nigeria’s leading financial services groups in the capital market space, has officially commissioned a newly renovated and fully equipped Home Economics Laboratory at Falomo Junior High School, Ikoyi, Lagos. The commissioning which was held in Lagos recently, is part of the company’s 2025 Corporate Social[Read More…]
CIFIAN Calls for Policy Coherence on Sugar-Sweetened Beverage Taxation
The Chartered Institute of Financial and Investment Analysts, Nigeria (CIFIAN) has called on the Federal Government to urgently align its sugar-sweetened beverage (SSB) tax policy with broader public health objectives and Nigeria’s industrial development goals. The Institute warns that steep tax increases, if implemented without a coherent framework, could harm[Read More…]
AFRO-SOUL ARTIST OSÉ TO RELEASE NEW SINGLE ‘24 HOURS’ THIS FRIDAY
Juno Award-winning Afro-Soul artist Osé will release her latest single, “24 Hours,” on Friday, Aug. 8. Known for her emotionally resonant songwriting and genre-blending sound, Osé continues to build momentum with this highly anticipated release. Born in Nigeria and raised in Toronto, Osé brings a global sensibility to her music,[Read More…]
The Cardoso Doctrine: A Year of Hard Medicine for a Sick Economy
When Olayemi Cardoso took the helm of the Central Bank of Nigeria (CBN), he inherited an economy on life support. A volatile currency, galloping inflation, a massive foreign exchange (FX) backlog, and a deep-seated loss of public trust in the institution defined the landscape. One year on, the “Cardoso Doctrine”—a[Read More…]
For years, the phrase “FX backlog” hung like a dark cloud over the Nigerian economy. A mountain of unfulfilled foreign exchange obligations, estimated at a staggering $7 billion, cast a long shadow, eroding investor confidence and fueling a volatile currency market. Businesses struggled to repatriate profits, and importers faced crippling[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]