Nigeria Inflation Rate Drops to 15.99% in October as Food Prices Ease
Nigerian inflation slowed to a 10th-month low in October, giving the central bank scope to leave interest rates on hold next week. Consumer prices increased...
Buhari To Lead 11 African Nations To Negotiate $19bn Soft Loan
The Pan Africa Great Green Wall (PAGGW) countries have appointed President Muhammadu Buhari President of the Heads of States and Government of the PAGGW...
Tinubu To Present N26.1 Trillion 2024 Budget To National Assembly November
President Bola Tinubu will present the proposed N26.1trillion 2024 budget estimates to joint session of the National Assembly early next month, the Senate revealed...
Free Internet In Airports, Varsities, Markets To Gulp N24.2bn
The Federal Executive Council yesterday approved two contracts worth N24.20bn for provision of broadband for free internet in 75 public places, including 20 airports,...
Labour Rejects Harbour, Ports Bill
The two in-house unions in the nation’s maritime industry have rejected the Ports and Harbour Bill at the National Assembly, seeking to repeal the...
FG, CBN propose pre-shipment of inspection certificates
The Federal Government, Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NSC) have hinted on a proposal to introduce pre-shipment inspection and issuance...
CBN Slashes Banks’ ATM Withdrawal Fee
The Central Bank of Nigeria on Sunday reduced the withdrawal fee charged for the use of other banks’ Automated Teller Machines from N65 to...
Economic Crisis: Group Asks FG Not To Sack Workers
A group is known as The Alliance for Surviving COVID-19 and Beyond (ASCAB) has asked the federal government, FG not to use budget cuts...
Osinbajo Praises Uzodimma Over Oguta/Orashi Dredging
Vice President Yemi Osibanjo has lauded the plan to dredge the Oguta/Orashi river as an economic transformation project, describing the effort as a game...
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...
