Across major markets, prices of goods are moving away from the lower denomination of the Naira currencies as inflation bites harder.. Not too long ago, a...
Africa’s richest man Aliko Dangote has expressed hope in the Nigerian economy as he asked citizens to expect a drop in inflation given the reduction of...
The Central Bank of Nigeria has decided to discontinue the practice of accepting foreign currencies as collateral for loans issued in naira. In a circular issued...
The Federal Government under President Bola Ahmed Tinubu has asked Nigerians to prepare to pay more for electricity, saying there will soon be no more subsidy....
The Kaduna State Government under Governor Uba Sani has denied procuring a fresh $17.69m loan. The state Commissioner for Finance, Shizzer Bada, made the government’s position...
Nigeria’s total public debt stock has increased by 118% to N97.3 trillion. This is according to data released by the Debt Management Office (DMO) on Friday...
President Bola Tinubu has said that those making claims of the 2024 budget being padded, do not know arithmetic. Tinubu reacted to Senator Abdul Ningi’s claim...
President Bola Tinubu has broken his silence on the alleged N3.7trn budget padding controversy, saying Senator Abdul Ningi and others who made the allegations do not...
The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have said there will be a marginal reduction in the pump...
The naira yesterday depreciated to N1,620 per dollar in the parallel market from N1,615 per dollar on Tuesday.. Similarly, the naira yesterday depreciated to N1,615.94 per...