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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...
The Central Bank of Nigeria (CBN) has clarified that all naira banknotes, including the old and new designs of the ₦1000, ₦500, and ₦200 denominations, as...
The naira weakened against the dollar on Friday in the foreign exchange market, ending the week on a downward trend. According to data from the Central...
Organized Labour Insists on NLNG Model for Refinery Privatization Organized Labour has reiterated its opposition to the outright sale of public refineries, proposing instead a privatization...
The naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday. According to data from the Central Bank of Nigeria...
Nigeria’s broad Money Supply (M²) surged by 48.3% year-on-year (YoY) to reach N107.7 trillion in October 2024, up from N72.6 trillion in the same period of...
The exchange rate between the naira and the US dollar fell to approximately N1,745/$1 on the parallel market on Wednesday, marking a sharp decline from the...
President Bola Tinubu’s Senior Special Assistant on Media and Publicity, Temitope Ajayi, has outlined how the controversial Tax Reform Bills are designed to enhance states’ revenue...
The Senate plenary on Tuesday saw a heated confrontation between Senate President Godswill Akpabio and Senator Ahmed Aliyu Wadada (SDP, Nasarawa West) over claims regarding the...