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Nigeria’s Inflation Rises To 15.75%, Highest Since 2017

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Nigeria’s Headline Inflation Rises To 26.72% In September

The inflation rate in Nigeria jumped in December to its highest level in more than three years, data released on Friday by the National...

Nigeria Has Lost N700 Billion In 12 Days Of #ENDSARS Protest – LCCI

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The Lagos Chamber of Commerce and Industry (LCCI) says the Nigerian economy has lost N700 billion in 12 days due to the ongoing #EndSARS...

Reps Moves Legalise Use Of Indian Hemp, Cites Economic Benefits

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The House Of Representatives is set to legalise the use of Indian Hemp in the country for economic benefit. Spokesperson of the House of Representatives,...

Gov. Ikpeazu Launches ‘Easy-Credit’ To Grant Abia Traders, Artisans Access To Funding

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As part of efforts to boost small and medium sized businesses in Abia as well as stimulating economic growth, the State governor, Okezie Ikpeazu...

Nigeria To Pay More For Petrol Subsidy As Oil Prices Hit Two Month High

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Oil prices continued their surge yesterday, hitting a two-month high amid projections that lack of production capacity and limited investment in the sector could...

Buhari Jets Out To Portugal, To Take Part In UN Ocean Conference

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President Muhammadu Buhari will on Tuesday, June 28, depart Abuja on a State Visit to Portugal at the invitation of President Marcelo Rebelo de Sousa. The President, who will hold official talks with his Portuguese counterpart will be conferred with ...

Refineries Can’t Start Working Now — Kyari

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the country’s moribund refineries cannot be quickly restored. Speaking in Abuja on Tuesday when he appeared before the House of Representatives ...

Saraki warns NBC over court order on AIT, Ray Power FM

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Senate President, Dr. Abubakar Bukola Saraki, has called on the National Broadcasting Corporation (NBC), to immediately obey the court order granted by the Federal...

More borrowing, a sign of liquidity problems in smaller banks – Experts

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The Chief Economist/Head, Investment Research of PanAfrican Capital Holdings, Mr Moses Ojo, attributed the increase in the SLF to the low liquidity of some...

FG earned N5.04tn from oil sale in 11 months – CBN

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Between January and November last year, the Federal Government made about N5.04tn from the sale of oil, figures obtained from the Central Bank of...

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