Economy

Naira hits N1,000$ in black market

The foreign exchange crisis in Nigeria deepened on Thursday as the exchange rate for…

CBN introduces new online platform for microfinance license applications

The Central Bank of Nigeria has launched an online platform called the CBN Licensing,…

Lagos, Rivers, Kogi most expensive states to live in

The latest Consumer Price Index statistics released by the Nigeria Bureau of Statistics show…

Nigeria’s inflation rises to 25.80%

Nigeria has witnessed a surge in its inflation rate, which rose to 25.80 percent…

NPA facilitates movement of 150 export containers daily

The Nigerian Ports Authority announced on Wednesday that it has successfully enabled the movement…

CBN denies plans to crash exchange rate to N1.25/$

The Central Bank of Nigeria has refuted claims of a purported plan to drastically…

CBN: Tinubu’s special investigator begins probe

Fear and uncertainty have gripped the upper echelons of the Central Bank of Nigeria…

Nigeria ready to play major roles at G-20 – Tinubu

President Bola Tinubu, speaking at the 18th G-20 Leaders' Summit in New Delhi, India,…

Falana urges Nigerians to use naira for Chinese transactions

Femi Falana, a Senior Advocate of Nigeria, has urged the Nigerian business community to…

FG gets $500m loan to boost Nigeria’s digital sector

Nigeria's Minister for Communications and Digital Economy, Dr. Bosun Tijani, announced the Federal Government…

Port-Harcourt refinery to begin operations December – Petroleum Minister

Senator Heineken Lokpobiri, Minister of State for Petroleum Resources, announced on Friday that rehabilitation…

Nigeria unemployment drops to 4.1% – NBS

The National Bureau of Statistics released promising new employment data this week showing Nigeria's…

Global shocks: Nigeria records economic growth, says minister

The Minister of State for Budget and National Planning, Prince Clem Agba, says in…

Non-oil exports: Nigeria targets $30bn annual revenue

The Nigeria Export Promotion Council is targetting to generate a minimum of 30 billion…