Naira Strengthens Against Dollar, Appreciates by 2.5% at NAFEM
Yesterday, the Naira appreciated N1,725 per dollar in the parallel market, and it went from N1,730 per dollar...
Economy
Naira Appreciates to N1,715 in Parallel Market
The Naira yesterday appreciated to N1,715 per dollar in the parallel market from N1,725 per dollar last weekend....
Nigeria’s Naira-for-Crude Deal Set to Commence Tuesday, Fuel Price Reduction Anticipated
The Nigerian government has confirmed that the Nigerian National Petroleum Company Limited (NNPC) will begin supplying crude oil...
Uncertainty Surrounds NNPCL’s Plan to Lift Dangote Refinery’s Petrol
The Nigerian National Petroleum Company Limited's (NNPCL) plan to lift Premium Motor Spirit (PMS) from Dangote Refinery...
NANS Insists on Nationwide Protest Against Petrol Price Hike
The National Association of Nigerian Students (NANS) has reaffirmed its commitment to staging a nationwide protest against the recent increase...
Cost of Healthy Diet in Nigeria Surges by 32% in Six Months – NBS
The National Bureau of Statistics (NBS) has revealed that the cost of a healthy diet in Nigeria has increased...
Nigeria to Request $500 Million World Bank Loan to Improve Rural Roads, Tackle Food Inflation
The Nigerian government is seeking a $500 million loan from the World Bank to enhance rural road infrastructure,...
FCCPC Investigates Unfair Commodity Price Increases
The Federal Competition and Consumer Protection Commission (FCCPC) has declared that exploitative price increases on commodities are illegal...
Nigerians Turns to Phone Swapping Amid Rising Mobile Prices, Decreased Purchasing Power
As economic hardship continues to deepen in Nigeria, the purchasing power of citizens has significantly dwindled, affecting the prices...
Labour Protests, Disconnects NERC, TCN, DisCos’ Offices Over Tariff Hike
Organized Labour, comprising the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC), staged protests on Tuesday,...
Naira Depreciates to N1,520/$ in Parallel Market as Forex Challenges Persist
The Nigerian Naira witnessed a depreciation to N1,520 per dollar in the parallel market on Tuesday, marking a decline...
NNPC Clarifies Fuel Price Stability Amid Supply Challenges
The Nigerian National Petroleum Corporation Limited (NNPCL) has reaffirmed that there will be no changes in the...
Naira Weakens to N1,405/$ in Parallel Market Amid Exchange Rate Pressure
The Nigerian Naira witnessed ay depreciation to N1,405 per dollar in the parallel market, down from N1,305...
Nigeria Achieves Remarkable Growth in Oil Reserves, Reaching 37.5 Billion Barrels
The country's oil reserves have surged to an impressive 37.5 billion barrels. This milestone was reported recently, highlighting the...
Naira Records Significant Appreciation Against Dollar at Official Market
The Naira has continued its impressive upward trend at the official market, trading at N1,278.58 to a dollar on...
Breaking: Central Bank of Nigeria Raises Interest Rate to 24.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to increase the Monetary...
Tinubu Affirms Action-Oriented Approach Over Criticism of Past Administrations
By: Emmanuel Ibitoye President Bola Tinubu has emphasized his commitment to taking action rather than engaging in the...
Ogun State Governor Reiterates Support for Young Farmers, Investors
By: Emmanuel Ibitoye Governor Dapo Abiodun of Ogun State has affirmed his administration's unwavering commitment to supporting young...
Naira Depreciates as Nigeria’s Debt Increases
The depreciation of the Nigerian naira against the United States dollar has exacerbated the challenges surrounding Nigeria's foreign debt,...
Nigeria Labour Congress Insists Only Full Agreement Implementation Will Avert Nationwide Strike
By: Emmanuel Ibitoye The Nigeria Labour Congress (NLC) has maintained its stance that the only resolution to...
NLC Suspends Nationwide Protest, Extends Ultimatum to FG
The Nigeria Labour Congress (NLC) has announced the suspension of its nationwide protests after the first day, citing...
Support for Tinubu Reforms Floods NASS as Protesters Advocate End to Nationwide Strike
By: Emmanuel Ibitoye In an overwhelming display of solidarity, thousands of Nigerians descended on the National Assembly...
Economic Hardship Sparks NLC Protest in Ogun State
By: Emmanuel Ibitoye In response to the prevailing economic hardships in Nigeria, exacerbated by the removal of...
Federal Government Launches Ambitious Nationwide Grain Distribution Initiative — 42,000MT Allocated
By: Emmanuel Ibitoye In a major development, the Federal Ministry of Agriculture and Food Security has kickstarted a...
Nigeria Labour Congress Affirms Decision to Proceed with Planned Protests Despite Government Warnings
The Nigeria Labour Congress (NLC) has reiterated its commitment to conduct nationwide protests on February 27 and 28,...
National Economic Council Takes Measures to Alleviate Economic Hardship and Enhance Food Security
National Economic Council Takes Measures to Alleviate Economic Hardship and Enhance Food Security In a significant move to address...
Federal Government Takes Swift Action to Address Soaring Food Prices, Combat Hoarding
By: Emmanuel Ibitoye In response to the escalating cost of staple foods in the markets, the Federal Government is...
Femi Falana Responds to Soaring Food Prices, calls for price control
By: Shabach Bako To address the escalating food prices and combat the challenges faced by Nigerians, the...
Tinubu Inherited a Failed Economy, Working to Resolve Challenges – Senator Gbenga Daniel
By: Emmanuel Ibitoye Senator Otunba Gbenga Daniel, representing Ogun East Senatorial District, has stated that the current economic hardships...
Federal Government, Cement Manufacturers Reach Accord, Set Cement Prices at N7,000 to N8,000 per 50kg Bag
By: Emmanuel Ibitoye In an effort to curb the soaring prices of cement, the Federal Government and cement manufacturers...
