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Category: Economy

‘STAPLE FOOD WILL SOON BE AVAILABLE’ – TINUBU ORDE...

In a bid to tackle food insecurity in the country, President Bola Tinubu says he has directed the release of 200,000 metric tonnes...

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EXTERNAL RESERVES SHED $167.2M AS NAIRA SLUMPS FUR...

External reserves shed $167.2m as naira slumps further

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BREAKING: FUEL SUBSIDY: SANWO-OLU ANNOUNCES 50 PER...

BREAKING: Fuel subsidy: Sanwo-Olu announces 50 per cent reduction on Lagos buses

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EXERCISE PATIENCE. YOU’LL SOON SEE THE BENEFITS OF...

Exercise patience. You’ll soon see the benefits of subsidy removal — Jigawa Governor appeals to Nigerians 

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FG SAVES ₦400B IN 4 WEEKS AS SUBSIDY REMOVAL YIELD...

In a significant development for Nigeria's downstream oil sector, operators have revealed that the Federal Government has successf...

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TINUBU APPOINTS FOLASHODUN SHONUBI ACTING CBN GOVE...

Shonubi’s appointment followed the suspension of Godwin Emefiele as the CBN Governor on Friday.

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ISRAEL TO PARTNER WITH NIGERIA TO CREATE 1 MILLION...

Israel to partner with Nigeria to create 1 million jobs through digital economy 

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DANGOTE REFINERY MAY NOT BRING DOWN FUEL PRICES – ...

The Nigerian Labour Congress (NLC) says the recently launched Dangote Petrol Refinery may not take complete care of the needs of N...

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WHY BUHARI'S SOCIAL WELFARE SCHEMES ARE MAKING NIG...

In few weeks to the end of his second tenure as 15th President of the Federal Republic of Nigeria, Muhammadu Buhari is said to hav...

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RESERVES 2023: TOP 20 COUNTRIES WITH THE HIGHEST R...

Did you know that China is leading globally as the country with the highest reserves followed by Japan, Switzerland, USA, and Indi...

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FROM 1960–2023, HERE ARE THE CHANGES IN NIGERIA'S ...

With the old naira notes of ₦200, ₦500, and ₦1000 expected to cease to be in circulation by January 31st 2023, we bring to you the...

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2022: $41BN FOREIGN DEBT. SEE HOW MUCH EACH NIGERI...

Did you know that with the current foreign debt of US$41 billion as of December 2022, each Nigerian currently owes N10,372 to the ...

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CBN TO RELEASE OLD NAIRA NOTES TO BANKS OVER NLC P...

The Central Bank of Nigeria has finally concluded plans to release all N1,000, N500 and N200 notes in its custody to Deposit Money...

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PHOTOS: COURT CONVICTS 14 INTERNET FRAUDSTERS IN E...

The Economic and Financial Crimes Commission on Tuesday said it has secured the conviction of fourteen internet fraudsters in Beni...

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EFCC RECOVERS NHIS N900M FUNDS FROM COMMERCIAL BAN...

The Economic and Financial Crimes Commission, EFCC, in its Twitter official handle on Sunday, February 19, 2023, has disclosed the...

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NAIRA SCARCITY: CBN DEBUNKS REPORTS INSTRUCTING DM...

In a Press Statement released on its official Twitter handle, the Central Bank of Nigeria (CBN) has debunked the news circulating ...

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REALITY OR ILLUSION: MEET THE PROPOSE WEST AFRICA ...

Since its conception in 2003, leaders of the fifteen-member ECOWAS countries have postponed the launch of a single currency at lea...

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SOMALILAND, THE EAST AFRICAN COUNTRY ON ITS PATH T...

Somaliland, a self-declared republic in East Africa, faces high illiteracy and has an economy ravaged by a civil war. But it might...

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HOW TO DEPOSIT YOUR OLD NAIRA NOTES IN THE CBN BAN...

The CBN has already declared that the old Naira notes no longer recognized as legal tender despite the Supreme Court order to keep...

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BUHARI ORDERS CBN TO RELEASE OLD 200 NOTES INTO CI...

The subject matter is before the court of our land and some pronouncements have been made to further ease the supply pressures par...

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