Analysis

Breaking News: Senate Approves Bill to Reinstate Original National Anthem

On Tuesday, May 28, the Senate passed the National Anthem Bill 2024, which aims to reintroduce Nigeria’s original anthem, "Nigeria, We Hail Thee." The...

Naira Climbs to 1,339.33/$ at Official Market, Signaling Strengthening

The naira saw an uptick to 1,339.33/$ by the close of trading on Monday at the official window, marking a 9.68% rise from Friday’s...

FBN Holdings Reports Strong Q1 2024 Performance with N238.53bn Profit Before Tax

FBN Holdings Plc announced a profit before tax (PBT) of N238.53 billion for the first quarter (Q1) ended March 31, 2024, reflecting an impressive...

Nigeria’s GDP Growth Slows to 2.98% in Q1 2024, Driven by Services Sector

The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s Gross Domestic Product (GDP) growth rate to 2.98% in the first quarter...

CBN Increases Interest Rate to 26.25%, Prompting Protests from OPS

The Central Bank of Nigeria (CBN) has implemented a significant increase in its benchmark interest rate, the Monetary Policy Rate (MPR), from 24.75% to...

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