CBN: 32 Banks Beat Recapitalization Deadline
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has revealed that 32 Nigerian banks have already met the new minimum capital thresholds...
INEC Demands ‘Surgical Precision’ Primaries as Parties Gear Up
The Independent National Electoral Commission (INEC) Chairman, Joash Amupitan, has urged political parties to adopt "surgical precision" in selecting candidates ahead of the 2027...
NCC Launches Anti-Fraud SIM Shield
The Nigerian Communications Commission (NCC) has launched the Telecoms Identity Risk Management System (TIRMS) to combat fraud from recycled, swapped, or misused mobile numbers...
No Extension for Recapitalization: NAICOM Warns Insurers
National Insurance Commission (NAICOM) has firmly stated that there will be no extension for the ongoing insurance industry recapitalization exercise, maintaining that the July...
Nigeria’s Creative Sector worth $9billion – NITDA
The National Information Technology Development Agency (NITDA) has reaffirmed its commitment to strengthening Nigeria’s creative and arts sector through digital innovation, supportive regulations, and...
NERC Endorses New EKEDC Acting CEO Amid Ownership Shake-Up
The Nigerian Electricity Regulatory Commission (NERC) has endorsed Sherifat Adegbenro as acting CEO of Eko Electricity Distribution Company (EKEDC) Plc, guaranteeing leadership continuity under...
NAFDAC Flags Counterfeit Mabthera in Northern States
The National Agency for Food and Drug Administration & Control (NAFDAC) has flagged counterfeit Mabthera 500mg/50ml (rituximab) injections circulating mainly in northern Nigeria, especially...
ODORBN Inducts Pioneer Optometry Graduates from Bingham University
The Optometrists and Dispensing Opticians Registration Board of Nigeria has officially inducted the first set of graduates from the Optometry Department of Bingham University,...
CBN Sets Single-Digit Inflation Goal
The Central Bank of Nigeria (CBN) has set a medium-term inflation target of 6–9% as it moves toward a full inflation-targeting monetary policy framework...
The Emerging Global Energy Crisis and the Shock Absorbers of States (Part 1)
By Olarinre Salako
In free-market economics, demand and supply determine price. When they are in equilibrium, prices stabilize, and households, firms, and investors can plan...













