The International Monetary Fund (IMF) has warned that China’s slowing economy will negatively affect Nigeria’s economic…
Category: Business/Economy
EIU predicts Naira to hit N1,068/$1 at official window by 2025
It seems the efforts of the Federal government and the Central Bank of Nigeria (CBN) to…
Nigeria’s capital market ends trading week with 0.05% growth in ASI
The Nigerian capital market ended the trading week with a 0.05 percent increase in the All-Share…
Institute vows to clampdown on quack, unlicensed property developers in Nigeria
The Institute of Mortgage Brokers and Lenders of Nigeria (IMBLN), on Thursday, vowed to clamp down…
Naira slumps further, hits N996/$1 at official window, N1150/$1 in parallel market
The Naira seems not to be responding to the “pill” administered to it by the Federal…
Russia-Ukraine crisis takes toll on Nigeria’s crude, affects inflow into int’l markets, says NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict…
Tinubu gives condition for further hike in electricity tariff
President Bola Tinubu has said until Nigeria is able to achieve regular and incremental power supply,…
Court halts sale of Shoprite assets in Nigeria
An FCT High Court sitting at Maitama has restrained the owners of Shoprite malls from selling…
Naira continues freefall at official, parallel markets, trades at N874/$1, N1130/$1
It appears the sentiment that trailed the Central Bank of Nigeria (CBN) clearance of the forex…
Tinubu signs N2.17tr 2023 Supplementary Budget into law
President Bola Tinubu, at the Presidential Villa in Abuja on Wednesday, signed the 2023 Supplementary Budget…