The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the interest…
Category: Business/Economy
DMO seeks improved revenue drive to curtail govt borrowing
The Debt Management Office (DMO) says government can reduce its dependence on borrowings to finance budget…
TCN restores national grid after 7th system collapse in 9 months
The Transmission Company of Nigeria (TCN) announced Monday night that has almost completed the restoration of the…
Toll reforms in the interest of transport operators and commuters
By Paul Nwosu Awka the State capital witnessed days of another unexpected protest by tricycle (Keke)…
National grid collapses again, South-east states in total darkness
The electricity national grid collapsed again on Monday, the 6th time this year. The last national…
Naira crashes to all-time low against dollar
Naira is currently exchanging at an all-time high amount against the US dollar as forex scarcity…
Ebenezer Obey applauds Adenuga on Glo’s 58 million-subscriber milestone
Gospel music singer, Evangelist Ebenezer Obey-Fabiyi, has lauded Globacom chairman, Dr. Mike Adenuga Jnr, on the…
IMF expresses concern over Nigeria’s galloping inflation, proffers solution
The International Monetary Fund (IMF) has called for a stronger operational framework and price stability to…
Naira records slight gain over dollar as forex supply jumps by 79.23%
The Naira, On Thursday, recorded a small positive trade against the US dollar. According to data…
Nigeria’s inflation rate surges to 20.52%
*Ebonyi, Rivers, Bayelsa hardest hit Nigeria’s headline inflation maintained its upward trend as it rose 20.52…