The naira declined against the dollar in both the official and parallel foreign exchange markets, closing the week with a downward trend. According to FMDQ data,...
The price of refilling Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has shown significant fluctuations across Nigeria this week, with consumers facing varying costs...
The price of Brent crude oil has dropped below $70 per barrel for the first time since December 2021, raising concerns about a global economic slowdown....
The Nigerian presidency has addressed recent concerns regarding the country’s debt situation under President Bola Tinubu. Contrary to reports suggesting an increase in Nigeria’s debt, the...
Eko Hot Blog reports that the Naira on Wednesday showed a remarkable rebound against the US dollar in both the official and parallel markets. The local...
Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has cleared the $7 billion foreign exchange (FX) backlog which was pending when Yemi Cardoso...
Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has announced that the 294th meeting of the Monetary Policy Committee (MPC) will be held...
Eko Hot Blog reports that the President of the African Development Bank (AfDB), Akinwunmi Adesina, has said that he sympathises with President Bola Ahmed Tinubu’s government...
Eko Hot Blog reports that the 10th Senate under the leadership of Godswill Akpabio, has announced the need to reexamine the 2024 national budget, which currently...
Eko Hot Blog reports that the Economic and Financial Crimes Commission (EFCC) has disclosed that it has set up a Special Task Force in all its...