IFEANYI ONUBA

1 week ago | thewhistler.ng | IFEANYI ONUBA

[mc4wp_form id=33047] The Nigerian Export Promotion Council (NEPC) and Nigerian Bureau of Statistics (NBS) have signed a Memorandum of Understanding (MoU) that will facilitate data collection from informal cross-border trade. This was disclosed by the Executive Director/Chief Executive Officer of NEPC, Nonye Ayeni, at the signing ceremony held at the NBS Headquarters in Abuja.

1 week ago | thewhistler.ng | IFEANYI ONUBA

[mc4wp_form id=33047] Between January and December 2024, the Central Bank of Nigeria recorded a reduction of about N4.2tn in loans and receivables from N16.1trn to N11.9trn. This N4.2tn is contained in the apex bank financial statement for the 2024 period.

1 week ago | thewhistler.ng | IFEANYI ONUBA

[mc4wp_form id=33047] The Federal Government may adopt a political solution in addressing the $220m data breach fine imposed on Meta by the Federal Competition and Consumer Protection Commission. This is just as the Nigerian Data Protection Commission said on Tuesday that it plans to resolve the lingering data breach dispute with Meta Platforms Inc. through dialogue and collaboration.

1 week ago | thewhistler.ng | IFEANYI ONUBA

[mc4wp_form id=33047] Nigeria’s fiscal deficit may widen as crude oil prices dropped to below $60 per barrel on Monday, causing anxiety among government officials. The sharp drop in oil prices, driven by accelerated OPEC+ supply increases and weakening global demand, has triggered anxiety in government circles and among investors. The 2025 federal budget was predicated on an oil price benchmark of $75 per barrel and daily production of 2.06 million barrels.

1 week ago | thewhistler.ng | IFEANYI ONUBA

[mc4wp_form id=33047] Nigeria’s financial markets began the year on a strong note, recording a significant uptick in foreign capital inflows that hit $2.06bn in January 2025 — a sharp rise from $1.57bn in December 2024. The latest data from the Central Bank of Nigeria (CBN) highlights a resurgence of investor confidence, spurred by improved returns in the domestic financial environment.