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N4.65Trn recapitalisation: Are banks financing Nigeria’s economy or government?

Five months after the Central Bank of Nigeria’s banking recapitalisation window closed, Nigerians are justified in asking an uncomfortable question, read more N4.65Trn recapitalisation: Are banks financing Nigeria’s economy or government?

N4.65Trn recapitalisation: Are banks financing Nigeria’s economy or government?

We haven't written up this one. BusinessDay Nigeria has the full story — the link below goes straight to it.

Read the original at businessday.ng →

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Abuja filling stations increase petrol pump prices

Many filling stations across the Federal Capital Territory (FCT) have increased the pump price of Premium Motor Spirit (PMS), popularly known as petrol.

  • Abuja filling stations raised petrol prices.
  • Dangote Refinery's gantry price increase triggered hikes.
  • Economist warns of financial strain on citizens.

Africa: The Trade Pact That Could Stitch Africa's Textile Industry Together

[Bird Story Agency] The AfCFTA offers African cotton, textile and clothing businesses the opportunity to build cross-border production networks, attract investment and retain more value on the…

  • AfCFTA aims to create larger market, preferential trade for African textile industry
  • Cotton value chain shifting from export-oriented to regional processing
  • Rules of origin crucial for preferential treatment, balancing strictness and feasibility

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