Our Interventions Have Produced Encouraging Outcomes – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says “strategic interventions” of the apex bank have produced encouraging outcomes.He said, “Banks are...
Naira Strengthens at the Official Window but Weakens on the Black Market
The naira strengthened at the official window on Monday, after the Central Bank of Nigeria Governor, Olayemi Cardoso, reassured that the apex bank was...
12.5kg cooking gas price may hit N18,000 December
Gas retailers have warned that the price of 12.5kg cooking gas may hit N18,000 by December if the Federal Government does not restrict the...
NPA Secures $700m Facility From Citibank To Rehabilitate Apapa, Tin-Can Ports
The Nigerian Ports Authority (NPA) has secured about $700million loan from Citibank for the rehabilitation of Apapa and Tin-Can Island Ports in Lagos. ...
Marketers enthusiastic over Dangote’s N1,000/litre diesel price.
The Dangote Petroleum Refinery has given consideration to the demands of oil marketers concerning the decrease in the cost of diesel, also known as...
Foreign investments fell to $654m in third quarter – NBS
Capital importation into Nigeria fell to a new low of $654.65m in the third quarter of 2023, indicating a slow of new foreign investments...
Tinubu: Nigeria would export food by using Mechanized Farming.
President Bola Tinubu, on Sunday, said his administration was keen to make Nigeria self-sufficient in food production and become a net exporter of agricultural...
Farmers avoid Wet season Farming, Contributing to food inflation -FG
The Federal Government, on Tuesday, said farmers were heavily impacted by floods in the past farming season, hence they opted not to farm during...
IMF Predicts Nigeria’s Inflation Dropping To 26.3% This Year
The International Monetary Fund (IMF) has said Nigeria’s inflation rate will drop to 26.3% in 2024, noting that the country’s economy will equally grow...
Remove Petrol, Electricity Subsidies After Taming Inflation, IMF Tells FG
The International Monetary Fund (IMF) has urged the Federal Government to remove the fuel and electricity subsidies when the rising inflation has been addressed.
The...
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Governor Eno Officially Defects to APC
In a significant political development, Governor Umo Eno of Akwa Ibom State has formally announced his defection from the Peoples Democratic Party (PDP) to...
2027: Tinubu-Shettima Ticket Intact, Says APC
The ruling All Progressives Congress (APC) has dismissed speculation that President Bola Tinubu may sideline Vice President Kashim Shettima ahead of the 2027 presidential...
Eid-el-Kabir: Tinubu Urges Prayers for Troops, Calls for National Unity
President Bola Tinubu called on Nigerians to intensify prayers for the military and security agencies making sacrifices to safeguard the nation, particularly those combating...
