Naira Falls Further As NNPCL Hikes Fuel Prices Again
The naira continued its downward spiral against the dollar at the foreign exchange market following another round of fuel price increases by the Nigerian...
Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN
The Central Bank of Nigeria, CBN, has said that fuel subsidy removal, lower import bills, and increased external debt servicing obligations could pose downside...
CBN To Reintroduce Cybersecurity Levy On Electronic Transactions
The Central Bank of Nigeria (CBN) has announced plans to re-introduce and enforce the payment of the Cybersecurity Levy on electronic transactions by Nigerians.
This...
Naira Fallels To N1,680/$ In Parallel Market
The Naira yesterday depreciated to N1,680 per dollar in the parallel market from N1,655 per dollar on Tuesday.
Similarly, the Naira depreciated to N1,667.42 per...
Harvest season responsible for decline in inflation rate- experts
Economists have attributed the decline in Nigeria’s headline inflation rate to the ongoing harvest season.
The economists, who spoke with the News Agency of...
₦6.95tn trade surplus record shows Nigeria’s economy doing well – FG
President Bola Tinubu has expressed confidence in the reforms introduced by his administration, stating that they will create a more robust economy and usher...
Give Tinubu two more years to fix Nigeria, he’s a financial wizard– Gbenga Adeyinka
Veteran comedian, Gbenga Adeyinka has expressed his support for President Bola Tinubu, calling him the right person to steer the country towards prosperity. Saying...
Nigeria cannot achieve $1Trillion Economy Under Tinubu – Rewane
Bismarck Rewane, a popular economist and the Chief Executive Officer of Financial Derivatives has said that Nigeria’s $1 trillion economy target under President Bola...
IMF hinges Nigeria’s 3.1% economic growth outlook on stronger reforms
The International Monetary Fund (IMF), says achieving Nigeria’s projected 3.1 per cent economic growth outlook for 2024 is dependent on implementation of stronger...
