Naira Appreciated To N1,535/$ In Parallel Market
The Naira yesterday depreciated to N1,535 per dollar in the parallel market from N1,525 per dollar on Monday. But the Naira appreciated to N1,485.05...
Nigeria Now Owing World Bank $660m — Data
The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022, the Punch has...
President Bola Tinubu To Inaugurate National Economic Council Today
Today, President Bola Tinubu and Vice President Kashim Shettima will host the first National Economic Council meeting. The meeting will include the 36 state governors...
BREAKING: Nigeria Now Tops South Africa As The Continent’s Biggest Economy
As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy. The answer to the question of...
CBN Floats Naira, Allowing Banks To Trade FOREX Freely
Nigeria has officially floated its naira currency after years of sticking with a hard peg that spooked investors and drained dollars from the economy. Sources...
UK Uncovers Fresh $23.4m Abacha Loot
The National Crime Agency (NCA) in the UK says it has recovered $23,439,724.98 loot believed to have been siphoned out of Nigeria in the 1990s by the associates and family of former Head of State, General Sani Abacha. According to a communique issued...
BUA Chairman, Alhaji Abdulsamad Vows Not To Increase Products’ Price During Ramadan
The Chairman, BUA Group of Companies, Alhaji Abdulsamad Isyaku Rabiu, has promised Nigerians that the company will not increase the price of its products...
Banks Shift Focus To Services Sector As Industry Credit Declines — CBN Report
Banks in Nigeria are increasingly channeling their lending activities toward the services sector, leaving the industrial sector with a shrinking share of total credit,...
FG Takes Over Revenue Management Of NNPC, Customs, FIRS, NCC, Others
The Federal Government on Tuesday moved to boost its resources by directly taking over control of revenue management of its 10 most lucrative Enterprises....
Sen. Kalu Reveals Secret Of Business Start-Up, Management To Nigerian Youths
A billionaire Nigerian businessman and politician, Sen. Orji Uzor Kalu on Thursday delivered a lecture on ways to strike a business start-up and management...
