Nigeria’s Poverty Rate Climbs To 63% Despite Easing Inflation — World Bank
Poverty in Nigeria rose to 63 per cent in 2025 despite a slowdown in inflation, underscoring the limited impact of recent macroeconomic improvements on...
Dangote Refinery Reduces Petrol Price To N890 Per Litre, Offers Relief To Nigerians
In a move expected to ease the financial burden on Nigerians, Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium...
Middle-East War: Business Closures, Job Losses Loom — NECA, NLC, LCCI, ASBON
—Say soaring fuel prices could cripple economy —Urge immediate govt’s action to save situation —Consumers groan as petrol hits N1,371/litre in Abuja, Lagos, others LAGOS — The...
Nigerians Groan As Bag Of Rice Hits N77,000
This is not the best of times for Nigerian families, who have had to adopt bizarre cost-cutting measures to cope with the recent hardship...
Naira Appreciates To N1,518/$ In Parallel Market
The Naira yesterday appreciated N1,518 per dollar in the parallel market from N1,520 per dollar on Monday. However, Naira depreciated to N1,493.2 per dollar in...
Nigeria Owes China $3.714bn ― DMO
The Debt Management Office (DMO) had put Nigeria’s total loan obligations to China at $3.714 billion by the end of 2020. According to a document...
Relief As Air Peace Commences Direct Flight To India
West and Central Africa’s leading airline, Air Peace, has launched direct, nonstop flight services to Mumbai, the capital city of Maharashtra State in Southwestern...
COVID-19: 8,000 Workers Sacked In Anambra State
About 8,000 staff members of a waste management company in Anambra State have lost their jobs due to the COVID-19 pandemic. This is coming as...
Dollar To Naira Exchange Rate Today, June 1, 2026
The Nigerian naira traded within a relatively stable range against the United States dollar across the official Nigerian Foreign Exchange Market (NFEM) and the...
CBN Approves Merger Of Unity, Providus Banks
The Central Bank of Nigeria (CBN) has approved a pivotal financial accommodation to support the proposed merger between Unity Bank and Providus Bank. CBN’s acting...
