Following confirmation by Senate as CBN Governor, Cardoso to refocus, ensure autonomy of CBN
Nigeria’s Senate has given its approval to Dr. Olayemi Cardoso’s nomination to serve as Governor of the Central Bank of…
FOREX: Naira Plummets Further to 990/$1 on Parallel Market
The naira came under intense pressure on Wednesday, leading to a significant depreciation as it fell to N990 to a…
Adedeji, New FIRS chairman targets 18% tax-to-GDP ratio
The acting Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, on Monday, pledged to surpass Africa’s average tax-to-GDP…
Forex scarce as Naira depreciates to N930/N950/US$
THERE are indications that exchange rate crises that trailed the foreign exchange market reforms in June 2023 may linger further…
Enugu’s Economy: Mbah Woos Investors With Opportunities At Lagos Chamber of Commerce Expo
Governor Peter Mbah of Enugu State has assured the local and international investment community of abundant investment opportunities in the…
FG Not In A Position To Borrow Presently, To Target Increased Production- Finance Minister
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that the Federal Government is not in…
This Seaport in The Southeast, The Feasibility – Full Text of Speech Delivered By Capt. Evarest Nnaji At The Aviation Career Meet
As we take seriously, the need for a realistically more robust economic activities cum development of Southeast Nigeria where potentials…
CBN unveils GO-LIVE price verification portal for importers
The Central Bank of Nigeria (CBN) has introduced the GoLive of the Price Verification System (PVS) for importers. According to…
FX: Naira inches close to 15% gain as dealers dump dollar
Naira inched close to a 15 per cent gain against dollar in the parallel market within a week, trading around…
Amid Forex Shortage, Nigeria’s Inflation Rate Hits 24.08%
Amid shortage of foreign exchange, Nigeria’s inflation rate rose to 24.08% in July 2023, the highest in years. The July…
Following Naira fall, CBN introduces Forex Intervention measures; restricts diaspora remittances
Following the tumbling of the naira at the parallel market in recent times, the Central Bank of Nigeria has started…
NNPCL says no intention to hike fuel pump price
The Nigerian National Petroleum Company Limited has eventually spoken up as regards the widespread concern of a possible hike in…
Recent News
Ezinne Maggie Nwomeh, Mother of Enugu Gov’s Media Aide, For Burial, Weekend
The Senior Special Assistant to the Enugu State Governor, Dr. Peter Mbah, on Mainstream Media, Hon. Dan Nwomeh, is set…
Multichoice Makes New Increase in Prices of DSTV, GOtv Packages
Multichoice, a major satellite television service in Sub-Saharan Africa, has announced an increase in prices on the DSTV and GOtv…
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