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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 10th Senate, under the leadership of Godswill Akpabio, on Thursday, advanced the ₦49.7 trillion 2025 Budget to its second reading. EKO HOT BLOG reports that...
The naira strengthened against the dollar on the parallel foreign exchange market on Wednesday. Bello, a Bureau de Change operator at Garki, Abuja, confirmed to EKO...
Dangote Refinery PLC has dismissed reports claiming that a $1 billion loan from the Nigerian National Petroleum Company Limited (NNPCL) was crucial in resolving its liquidity...
Over 20 children have reportedly lost their lives in a tragic stampede during a Christmas celebration organized for children in Ibadan, the Oyo state capital. EKO...
Nigeria’s President, Bola Ahmed Tinubu on Wednesday delivered the 2025 budget proposal to a joint session of the National Assembly. The full text of his speech...
The Senate has initiated a move to restore Nigeria’s monetary sovereignty by prohibiting the use of foreign currencies for payments and transactions within the country. EKO...
Nigeria’s headline inflation rate rose to 34.60% in November 2024, up from 33.88% in October, according to the latest Consumer Price Index (CPI) report from the...
The Chartered Institute of Bankers of Nigeria (CIBN) has expressed concerns about the negative effects of certain government policies, including the removal of the fuel subsidy...
President Bola Ahmed Tinubu has acknowledged the harsh economic realities in Nigeria, appealing to citizens to endure what he described as “unintentional hardship” caused by necessary...