Nigeria’s Inflation Overshoots World Bank Projection By 20%
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 ...
IPMAN Announces Petrol Price Reduction To ₦935 Per Litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced a significant reduction in the price of Premium Motor Spirit (PMS), commonly known as...
BREAKING: Abia Hits 1bn Naira In Monthly IGR As Ikpeazu Says Payment Of Workers Not A Problem
Abia State has met her target of hitting the N1bn mark in her internally generated revenue drive for the month of January 2020 thereby...
Naira, Stocks Weakens After Trump’s Military Threat
Nigeria’s financial markets began November 2025 on a sour note as the naira and equities weakened sharply following remarks by United States President Donald...
OPEC+ Postpones Policy Meeting To November 30
The ministerial meeting of the OPEC+ alliance earlier fixed for Saturday and Sunday, November 25 and 26, 2023, in Vienna has been postponed to...
FG Considers $500m Loan From World Bank To Boost Education, Health Care
The Federal Government is targeting a $500m loan from the World Bank to tackle inadequate human resource issues in the country’s education and healthcare...
Bank Deductions: How Hidden Charges Erode Nigerians’ Trust In Digital Payments
“I recently came to the painful realisation of how much I am losing to bank charges after reviewing my transactions linked to a contribution...
FEC Approves Reopening Of 4 Land Borders
President Muhammadu Buhari has approved the reopening of four land borders with immediate effect, while others will be reopened subsequently. The Minister of Finance, Budget...
Court Declines Binance Executive’s Bail Application, Cites Flight Risk
Federal High Court sitting in Abuja has dismissed a bail application filed by the detained Executive of Binance Holdings Limited, Tigran Gambaryan, saying he...
NLC Slams Govt. Over Worsening Living Condition Despite FAAC’s N10.4tn Payouts
The Nigeria Labour Congress and private sector stakeholders criticized governments at all levels for deteriorating living conditions, deteriorating infrastructure, and growing insecurity. The Federation Account...
