While the government appeared distracted with the coup in Niger Republic, the naira plunged further in the foreign exchange markets last week, exchanging at a record...
The widening gap between the demand and supply of dollars in the banks and at the parallel market has continued to worsen the value of the...
There are strong indications that pump price of petrol is expected to record another round of increases, the third within 10 weeks as oil marketers hint...
The question in the minds of Nigerians today is why is the Naira depreciating or why is the exchange rate of the dollar rising rapidly? This...
The Federal Government has said it has partnered Wema Bank to establish micro, small and medium enterprise, MSME, digital hubs in seven states. Vice President Kashim...
The Central Bank of Nigeria (CBN) has said the N200, N500 and N1,000 old naira notes are slowly being phased out with the redesigned ones. Acting...
The Federal Government said Diaspora home remittances in 2022 stood at US$ 21.9 billion through official channels. Nigeria’s President, Bola Ahmed Tinubu, said this at the...
The International Monetary Fund, IMF has retained its 3.2 forecast for Nigeria’s economic growth in 2023. Meanwhile, the IMF lowered its forecast for Sub-Saharan economic growth...
The Central Bank of Nigeria’s Monetary Policy Committee has moderately hiked monetary policy rates to 18.75 per cent. The acting Governor of the Central Bank of...
African Development Fund (ADF), the concessional lending arm for the African Development Bank (AfDB) Group, has approved $16 million for the creation of a Youth Entrepreneurship...