Economy: Dollar now Nigeria’s underground currency – Peter Obi
The presidential candidate of the Labour Party, LP, in the 2023 general elections, Peter Obi, has lamented the ‘dollarisation’ of…
BUA Cement Crashes Price To 3,500 Per Bag From Monday
Nigeria’s leading cement manufacturer, BUA Cement Plc, has announced price reduction of cement to N3,500 per bag effective Monday, October…
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…
Recent News
Gov Umo Eno To Recruit Health Workers, Assures Fair, Transparent Process
Akwa Ibom State Governor, Pastor Umo Eno, has assured that the planned recruitment of health workers in the State will…
Enugu Water Corp. Deputy Director Arraigned Over Alleged Attempt to Defraud Residents N150,000
…4 others arraigned for alleged illegal roadblock, extortion A serving Deputy Director in the Enugu State Water Cooperation, Mr. Emeka…
Stay connected