Reps Probe Petrol Subsidy Under President Buhari, Allege $7 Billion Diversion
The House of Representatives has set up an ad-hoc committee to investigate the petroleum products subsidy regime under President Muhammadu Buhari. The lawmakers asked the committee to carry out the probe from 2017 to 2021. This followed the adoption ...
Naira Faces Fresh Pressure as Parallel Market Rates Weaken Despite Official FX Stability
The Nigerian Naira began the week under renewed pressure in the unofficial foreign exchange market, commonly referred to as the black or parallel market. On...
Gov. Ikpeazu Launches ‘Easy-Credit’ To Grant Abia Traders, Artisans Access To Funding
As part of efforts to boost small and medium sized businesses in Abia as well as stimulating economic growth, the State governor, Okezie Ikpeazu...
Naira Appreciates To N1,395/$ In Parallel Market
The Naira yesterday appreciated to N1,395 per dollar in the parallel market from N1,405 per dollar last week. However, the naira depreciated to N1,383 per...
China’s Trade Bureau Set To Partner West Africa IMT Summit
The Trade Development Bureau of China’s Ministry of Commerce (TDB) has been confirmed as a Strategic Country Partner (China) for the West Africa Industrialisation, Manufacturing...
NLC Carpets World Bank For Advising FG To Sell Petrol N700 Per Litre
The Nigeria Labour Congress (NLC) has condemned the advice by the World Bank to the Federal Government to increase petrol prices to N750 per...
Nigeria’s Borrowing For Unproductive Reasons — Peter Obi
The former presidential candidate for the Labour Party, Peter Obi has described the Nigerian government borrowings as unproductive. Obi stated this in a statement via...
Watch Your Debt Profile, IMF Cautions Nigeria As Borrowing Spree Continues
As President Bola Tinubu proposes N26.01 trillion budget for 2024 fiscal year, the International Monetary Fund (IMF) has raised concerns about Nigeria’s increasing debt...
Dollar To Naira Exchange Rate Today, March 2, 2026
The Nigerian Naira began the new month on a note of cautious stability against the US Dollar on Monday, March 2, 2026. Real-time data...
Oando, Ecobank Record Price Fall As Nigerian Stock Market Loses N54bn
The Nigerian equities market began trading for the week on Monday still in a negative mood with 0.27 percent loss due to renewed profit-taking....
