By Udeme Akpan &  Obas Esiedesa The Nigerian National Petroleum Company Limited (NNPC Ltd.) and security agencies have intensified efforts to combat pipeline vandalism following the discovery of a damaged section of the Nigerian Pipelines and Storage Company (NPSC) crude oil pipeline at Pai Community, Kwali Area Council of the Federal Capital Territory (FCT), Abuja. The […]

By Elizabeth Adegbesan The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has received the Central Bank of the Year Award at the Central Banking Awards ceremony held in London recently. Accepting the Award Cardoso expressed appreciation to Central Banking Publications and the award judges for the recognition.   He dedicated the honour to […]

President Bola Tinubu has appealed to Nigerian youths to remain in the country and contribute to its development, urging them to channel their talents, innovation and energy towards building a stronger nation rather than seeking opportunities abroad.

By Elizabeth Adegbesan Businesses’ confidence in the macro economy rose significantly to 7.9 index points in May 2026 from 3.9 index points in the preceding month of April 2026, even as insecurity, multiple taxation, and high interest rates continued to pose major operational challenges to businesses during the period. This was contained in the latest Central […]

By Yinka Kolawole The value of textile materials imported into Nigeria rose by 17 per cent year-on-year, YoY, to N267.7 billion in the first quarter of 2026 (Q1’26), highlighting the country’s continued reliance on imported textile products despite efforts to revive local production. Data from the National Bureau of Statistics, NBS, showed that textile imports increased […]