Traders are increasing quoting rates less than N1,400/$ on the official foreign exchange market as the Nigerian local currency…
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According to the National Bureau of Statistics (NBS), in February 2024, consumers faced a substantial increase in the average retail…
Bola Tinubu says the perpetrators of the killing of soldiers in Delta State will face certain justice, warning that his administration will not tolerate attacks on the military and security infrastructure.
Global Money Week: CBN Takes Financial Literacy Training to Secondary Schools The Central Bank of Nigeria (CBN) on Thursday took…
(CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7 billion
Dangote, BUA and Lafarge, posted a combined loss of N254bn in the year 2023.
The prices of crude oil have continued to rise within the past one week following attacks on Russian refineries by…
The Federal Government and the Organisation of Petroleum Exporting Countries (OPEC) have disagreed on Nigeria’s average daily crude oil production,…
The Naira has remained relatively stable against the US dollar, maintaining its rate of ₦1,600 at the black market.…
Edo North Senator, Adams Oshiomhole, criticized the budget padding allegations within the Senate on Tuesday.
The controversy surrounding the suspended Minister of Humanitarian Affairs, Betta Edu, deepens as a new document surfaces, indicating an attempt to unlawfully transfer the National Social Investment Program Agency (NSIPA) funds exceeding N65 billion.
The Manufacturing Association of Nigeria (MAN) has reported a concerning trend within the industry, revealing that about 767 manufacturing companies shut down operations while 335 experienced distress in 2023.