Nasarawa Intensifies Lithium Industrialisation Drive With $1.2 Billion Investment
Nasarawa State is intensifying its lithium industrialisation drive with investments estimated at $1.2 billion, as the govern…
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Showing posts with the label Business & Economy
Tinubu Commissions 6,000-tonne Lithium Processing Plant in Nasarawa
President Bola Tinubu, represented by Vice President Kashim Shettima, has commissioned a 6,000-metric-ton-per-day lithium pr…
CBN Revokes Licences of 46 Microfinance Banks over Regulatory Breaches: How it Affects You
The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks effective July 1, 2026, citing failu…
Naira Drops to Two-Month Low Despite Nigeria's $51.17 Billion Foreign Reserves
Naira Notes ABUJA - June 25, 2026 The naira weakened to its lowest level in nearly two months on Wednesday despite growing …
Naira Steadies As External Reserves Surpass CBN Target At $51.04 Billion
June 23, 2026 – Abuja, Nigeria The naira strengthened marginally across foreign exchange market segments on Monday as Nigeri…
Stock Market Loses N5.6 Trillion as Investors Sell Shares Ahead of Dangote Refinery IPO
June 22, 2026 – Lagos, Nigeria The Nigerian stock market suffered one of its sharpest weekly declines in recent months as in…
Dangote Refinery in Crisis as Crude Supply Plunges 62% – What's Going On?
June 22, 2026 – Lagos, Nigeria Dangote Refinery is facing a crisis as crude supply has fallen significantly, with industry o…
NUPRC: Nigeria Can Raise Oil Output To 1.9m bpd As Industry Returns To Growth Trajectory
Abuja, Nigeria The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has expressed confidence that Nigeria can incre…
CBN Faces Post‑War Rate Dilemma Amid Inflation And Lower Oil Prices
CBN Logo By News Desk Prime Brief Media | June 18, 2026 ABUJA, NIGERIA — The Monetary Policy Committee (MPC) of the Central …
FG Dismisses IMF Tax Recommendations, Says No New Taxes On Fuel, Telecom
Presidency bu By News Desk Prime Brief Media | June 18, 2026 ABUJA, NIGERIA — The Federal Government on Wednesday dismissed …
Nigeria May Lose N13 Trillion Over Strait Of Hormuz Reopening
strait of hormuz By News Desk Prime Brief Media | June 18, 2026 ABUJA, NIGERIA — Nigeria's oil revenue outlook may witne…
CBN Likely To Hold Rates At 26.5% Through 2026 – Rewane
CBN News Desk Prime Brief Media | June 17, 2026 LAGOS, NIGERIA — The Central Bank of Nigeria (CBN) is likely to hold interes…
Naira holds firm at official window as parallel market strengthens
Abuja, Nigeria | By Prime Brief Media The naira held firm at the official window on Friday, June 12, while the parallel mark…
New crude streams add 12m barrels to Nigeria's output
Abuja, Nigeria | By Prime Brief Media Nigeria's ambition to raise crude oil production has received a boost from the gro…
Nigeria's external reserves hit 17-year high, surpass $50bn
Abuja, Nigeria | By Prime Brief Media Nigeria's external reserves have surged to approximately $50.3 billion, their hi…
S&P Upgrades Nigeria's Credit Rating To 'B' On Stronger Economy
S&P Global Ratings has upgraded Nigeria's sovereign credit rating to 'B' from 'B-', delivering a s…