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Business News; Tracks, records, analyzes, and interprets the business, economic and financial activities, and changes that take place in societies.

Ganduje Hits FG: World Bank, IMF Is Against Naira Redesign, You’re Defending It

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2023 Election: Tinubu Is A Man Of Integrity – Ganduje

Kano state governor, Abdullahi Umar Ganduje, has said the Naira notes redesign policy brought by President Muhammadu Buhari-led government is beyond a plot against...

FG Urges States To Comply With Payment Of N70,000 Minimum Wage 

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Akume Reveals Atiku Supports Rotational Presidency Deal After Annulment Of June 12

The Federal Government has appealed to state governments yet to comply with the new National Minimum Wage Act and commence paying the new N70,000...

Dr. Ogah Extols Contribution Of Engineers For National Development In Line With Buhari’s Vision

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The Minister of State Mines and Steel Development Dr Uchechukwu Sampson Ogah has emphasized the need for engineering innovations and solutions to facilitate the...

FG Stops Purchase Of Vehicles

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Federal Government has stopped what it called non-critical and administrative capital spending, including the purchase of vehicles. The Special Adviser to the President on Media...

Umahi Holds #EndSARS Youth Summit, Earmarks N3bn Empowerment Fund

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Governor David Umahi of Ebonyi state says the state government has earmarked N3 billion for the #EndSARS youth empowerment scheme. Umahi said this on Wednesday...

Appeal Court Dismisses Ex-NHIS Boss, Olufemi Thomas’s No-case Submission

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A three-man panel of the Court of Appeal, Lagos Division, on Thursday, September 30, 2021, dismissed the application filed by Dr. Olufemi Martins Thomas,...

Nigeria’s Inflation Overshoots World Bank Projection By 20%

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Nigeria’s Inflation Rate Hits 27.3%

DESPITE raising its Monetary Policy Rate (interest rate), Nigeria’s inflation rate is now 20 per cent above the World Bank’s projection of 15.5 per cent. In its recent ‘Nigeria Development Update (June 2022): The Continuing Urgency of Business ...

Naira Down To N1,403/$ In Parallel Market

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Naira Down To N1,403/$ In Parallel Market

The Naira yesterday depreciated to N1,403 per dollar in the parallel market from N1,385 per dollar on Wednesday. Similarly, the naira depreciated to N1,371.4 per...

IMF Warns As Nigeria Captures 60% Of SSA Stablecoin Inflows

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Rising Cost Of Essentials To Push More Nigerians Into Poverty — IMF

•Flags risks to monetary policy, financial integrity •As Nigeria ranks 2nd globally, with  $59bn  crypto inflows  The International Monetary Fund (IMF) has disclosed that Nigeria accounts for...

Government Agencies Agree To End Fuel Scarcity

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Federal Government agencies and petroleum marketers have undertaken to end the crippling shortage of petrol across the country that has seen pump prices hit...

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