Governor of the Central Bank of Nigeria, CBN, Governor Yemi Cardoso, has said that the prevailing cash scarcity is as a result of the poor implementation...
The Director General of Debt Management Office (DMO), Ms. Patience Oniha, has confirmed Nigeria’s debt stock stands at N87.37 trillion as at September 30, 2023. Oniha,...
The Central Bank of Nigeria has announced its intention to extend the validity of the old N200, N500, and N1,000 noted indefinitely. This is as the...
Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will...
The national currency, Naira, has reached a new low in its weeks-long downward spiral, plummeting to a staggering N1210 against the U.S. dollar in the parallel...
The Naira continued its free fall on Tuesday exchanging for the dollar in the parallel market at between 1,005/$ and 1,025/$. The national currency has been...
Oil marketers has countered the position of the Federal Government, as they insist that the current pump price of Premium Motor Spirit, popularly called petrol, should...
The Nigeria Labour Congress has vowed to ground the economy as it says the stage is set for a two-day nationwide warning strike in response to...
The Naira on Wednesday continued its appreciation against the United States dollar on Wednesday, exchanging at N850 per dollar at the close of trading. The currency...
Oil marketers, on Sunday, indicated that the cost of Premium Motor Spirit, popularly called petrol, would rise to between N680/litre and N720/litre in the coming weeks...