Economy

Over 20,000 employees lost jobs over multinational divestments – NECA

The Nigeria Employers' Consultative Association has issued a stark warning about the repercussions of…

78% Africans cannot afford healthy diet – UN

The United Nations has released a new report highlighting the impact of the COVID-19…

Dangote’s refinery receives first crude shipment

Dangote's 650,000 b/d refinery's first crude feedstock has reached the country, signifying that fuel…

Abia to increase minimum wage for workers

Abia State Governor, Alex Otti, has announced plans to engage with stakeholders to enhance…

Diesel price surge to N978 per litre – Report

Diesel prices have surged to N978 per litre as of Tuesday, according to data…

CBN governor outlines strategies for economic revitalization

The Governor of the Central Bank of Nigeria, Olayemi M. Cardoso, has detailed plans…

Food insecurity: Zulum warns of worsening insurgency in Borno

Borno State Governor, Babagana Umara Zulum on Wednesday highlighted the connection between food insecurity…

Nigeria’s inflation rose to 27.33% in October

Nigeria witnessed a surge in its headline inflation rate, reaching 27.33% in October, up…

FG to implement social housing scheme

The Federal Government is set to implement a social housing scheme aimed at providing…

Comply with regulatory standards, ex-NAFDAC director tells bakers

Rev. William Effiok, a former Director of Food Registration and Regulatory Affairs at the…

Rising costs forcing bakery closures, bread price hikes – Report

Staple food, Bread is becoming scarce in many households as the cost of flour…

Moghalu calls for caution over CBN act review

A former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu, has urged…

Tinubu to present 2024 budget third week of Nov – Sources

President Bola Tinubu will present the 2024 Appropriation Bill of N26.01trn to a joint…

Why Naira is regaining strength against dollar – ABCON

The Association of Bureau De Change Operators of Nigeria has attributed the recent appreciation…

CBN begins clearing FX forwards backlog

The Central Bank of Nigeria has started clearing its $7 billion backlog of foreign…