CBN Raises Interest Rate To 27.50%
Nigeria's interest rate was raised by 25 basis points by the Central Bank of Nigeria from 27.25 percent in September 2024 to 27.50 percent...
Crude Oil: Nigeria’s Exact Production Volume Not Known — NEITI Reveals
The exact volume of crude oil produced in Nigeria, especially at the deep offshore fields, is not known by anyone, the Nigeria Extractive Industries...
Price Increase: After Return Of Fuel Queues In Abuja, Lagos, Nigerians Angry, Apprehensive — IPMAN
Following long fuel queues that have resurfaced in the Federal Capital Territory (FCT) and other states across the country, the Independent Petroleum Marketers Association...
Capital Budget And The Illusion Of $1trn Economy
Almost every administration, since Babangida introduced VISION 2020 in 1992, had suffered from the same illusion of propelling the Nigerian economy to the top...
Dollar To Naira Exchange Rate Today, May 11, 2026
The Nigerian naira traded within a relatively stable range against the United States dollar on Monday, May 11, 2026, across both the official Nigerian...
FAAC: FG, States, LGs Share N3 trn
The three tiers of government have shared N3.007 trillion as July 2026 revenue. The revenue was shared at the Federation Account Allocation Committee, FAAC, meeting...
Naira Appreciates To N1,390/$ In Parallel Market
The Naira yesterday appreciated to N1,390 per dollar in the parallel market from N1,395 per dollar on Monday. Similarly, the naira appreciated to N1,376 per...
BREAKING: Senate Passes N13.5trn 2021 Budget
The Senate at a special plenary on Monday passed the 2021 budget totalling N13.5trn. The fiscal document is predicated on oil benchmark $40 per barrel,...
Experts Disagree As Presidency Claims Inflation To Drop To Single Digit
The Presidency has assured Nigerians that the inflation rate in the country is heading towards a single digit and would translate to better living...
Naira Holds Steady Against Dollar As New Quarter Opens On A Positive Note
The Nigerian Naira kicked off April 2026 on a stable footing, trading within a narrow range against the United States Dollar as market conditions...
