Naira declines further despite CBN’s policy reversal, as MAN warns against lifting of forex ban on 43 items
Naira closed at N848.12 to the dollar on Tuesday, October 17, at the official window days after the Central Bank of…
NBS Puts Nigeria’s Inflation At 26.72% In September
The Nigerian Bureau of Statistics on Monday, announced the rise of the nation’s annual inflation to 26.72% in September from…
FT says Tinubu’s economic policies not living up to expectations; suggests Emefiele’s sack a political reprisal
London-based Financial Times publication says there are signs of President Bola Tinubu’s economic reforms not going as planned. In an…
BudgIT report shows lowest-performing states on fiscal transparency
A report by BudgIT, a civic non-governmental organisation, has shown that Sokoto, Benue, Ogun, and Enugu states were the lowest-performing…
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…
Recent News
CBN releases full list of Nigerian Banks with authorization
The Central Bank of Nigeria has published an extensive roster of authorized Deposit Money Banks functioning within the nation. The…
Umahi tackles Atiku over criticism of Coastal Highway project, says Atiku’s viewpoints diversionary, superficial
The Minister of Works, Engr. Dave Umahi has tackled Nigeria’s former Vice President and 2023 PDP presidential candidate, Alhaji Atiku…
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