Business & Economy

Inflation rate in Nigeria keeps on rising, hits 31.70 in February

The National Bureau of Statistics (NBS), in its Consumer Price Index report for February 2024…

Nigeria Trade deficit in Q4 2023 stands at N1.4 Trillion, Says NBS

The National Bureau of Statistics (NBS), in its recently released report  indicated that Nigeria experienced…

Hardship: Extending helping hands to indigent folks

By Abimbola Ologun In Nigeria today, the cost of living has been on the rise,…

Tinubu not responsible for CBN printing N22.7trn under Buhari – Bayo Onanuga

The Presidency has dismissed claims that President Bola Tinubu advised former President Muhammadu Buhari to…

MAN, Others React to Federal Govt. EEL imposition

By Abimbola Ologun Several reactions have trailed the recently introduced Expatriate Employment Levy (EEL) of…

Obaseki criticizes CBN policy, says it will subject Nigerians to tougher times

The recent decision by the Central Bank of Nigeria (CBN) to raise the interest rate…

Tinubu Woos Qatar Investors, Promises Obstacles Free Environment

President Bola Tinubu has urged the international business community to come and invest in Nigeria…

CBN withdraws licenses of 4,173 Bureau De Change operators, accuses them of non-compliance

The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change…

NDIC reimburses depositors in liquidated microfinance banks

The Nigeria Deposit Insurance Corporation, NDIC, has reimbursed depositors of 179 liquidated microfinance and four…

Bank clients lament over NIN-BVN linkage challenges

As the March 1 deadline for the linkage of Nigeria National Identification Numbers (NIN) to…

Peg Customs Duty At N1000\$1 To Ease Hardship, CPPE tells CBN

The Centre for the Promotion of Private Enterprise (CPPE) has advised the Central Bank of…

Atiku Asks Tinubu To Learn From Javier Milei Of Argentina’s Reforms, Says He’s Ready To Help Out

Former Vice President, Atiku Abubakar has advised President Bola Ahmed Tinubu to roll up his…

Save Naira From Impending Downfall, Prof. Olofin Urges FG, Stakeholders

Professor Sam Oladapo Olofin has called on the federal government and other major stakeholders in…

Sanwo-Olu rolls out numerous welfare packages for Lagosians

The Lagos State Governor, Babajide Sanwo-Olu, on Thursday, rolled our multiple welfare provisions for the…

FG may allow massive cement importation if Dangote, BUA, Lafarge don’t reduce price – Dangiwa

The Minister of Housing and Urban Development, Ahmed Dangiwa, at a meeting with Cement and…

Nigerians are frustrated, hungry, and angry over your reforms – Bishop Aladekugbe tells Tinubu

Reverend Williams Aladekugbe, the Bishop of Ibadan North Diocese (Anglican Communion), has lamented the country’s…

Naira hits lower value, stocks plunge, Nigerians face greater hardship

On both the official and unofficial markets the Nigerian naira fell to record lows on…

Tinubu’s reforms have rendered over 80 million Nigerians below poverty line, says Catholic bishop

The administration of President Bola Ahmed Tinubu blamed over the hardship being faced by Nigerians.…

Economic Hardship: Widow collapses because of hunger, NLC to embark on nationwide protest

A woman who claimed to be a widow, yesterday, collapsed due to hunger while walking…

Nigeria Diving Into Severe Inflation As CBN Raises Customs Duty Rate By 2.6%, 5th Time In 2024

The Central Bank of Nigeria (CBN), on Wednesday, readjusted the Customs exchange rate from N1444.56/$1…