The value of Nigerian currency closed flat against the US dollar at the investor’s and exporters’…
Category: Business/Economy
Customs intercepts hard drugs, military hardware at Lagos airport
The Nigeria Customs Service (NCS) Murtala Muhammed Airport Command (MMAC) has intercepted hard drugs, military and…
Buhari to borrow fresh N1.2tr before leaving office
The Federal government plans to issue bonds in the first quarter of 2023 to raise N1.2trillion.…
Naira starts week at N461.50/$1 official rate
The Nigerian currency gained on the US Dollar at the Investors and Exporters (I&E) segment of…
Nigeria’s inflation rate eases to 21.3%, first time in 11 months
Nigeria’s inflation softened for the first time in 11 months in December ahead of presidential elections…
Power generation dips to 916mw nationwide hence widespread darkness
Power generation, as at 2pm on Sunday, dipped to 916 megawatts with only two of about…
Lawan frowns at Buhari’s excessive borrowing
The Senate President, Ahmad Lawan, has frowned at the unbridled borrowing by the Federal government. Speaking…
SERAP threatens to sue Lawan, Gbaja over ‘outrageous’ N228.1bn NASS budget
The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Ahmad Lawan, and Speaker…
Minister Sylva defends N300 per litre petrol price
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has declared that he would be…
CBN under pressure to shift Jan 31 deadline for phasing out old Naira notes
The Central Bank of Nigeria (CBN) has come under immense pressure to extend the deadline for…