The Naira has appreciated against the US dollar at both the official and black market, following…
Category: Business/Economy
KPMG projects Nigeria’s unemployment rate to hit 41% in 2023
Global audit and tax advisory firm – KPMG – has projected Nigeria’s unemployment rate to hit 40.6%,…
Google bars digital loan Apps access to customers’ photos, contacts
Effective May 31, 2023, digital lending Apps will no longer have access to individuals’ confidential user…
Sit-at-home crippling South-east economy, as State govts seem helpless
It was Thursday afternoon in December 2022, and the sun was scorching inside the famous Ogbete…
Otti promises to create suitable environment for businesses to thrive in Abia
Abia State Governor-elect, Dr Alex Otti, has pledged to run a prudent administration devoid of wasteful…
World Bank lists Naira among weakest currencies
Nigeria’s currency – Naira – lost 10.2 per cent of its value in 2022, emerging as…
Labour, NECA, NYCN reject petrol subsidy removal, palliatives
Opposition has already began to mount against the Federal government’s planned removal of subsidy on petrol,…
Buhari fires Hajiya Umar as NIPC boss
President Muhammadu Buhari has terminated the appointment of Hajiya Saratu Umar, as the Executive Secretary/Chief Executive…
JUST IN: Court vacates order freezing Abia govt’s bank accounts
A Federal Capital Territory (FCT) High Court in Apo, Abuja, has vacated an earlier order freezing…
Naira remains above N463 to dollar at official market
It seems that the Central Bank of Nigeria has decided to slightly adjust the official exchange…