Reverse outrageous tariff hike – Electricity workers tell Tinubu
Senior Staff Association of Electricity and Allied Companies has asked President Bola Ahmed Tinubu’s government to reverse the 245 per cent electricity hike by...
SELL YOUR HOARDED DOLLARS AND COUNT YOUR LOSSES BEFORE IT IS TOO LATE
The USD is on the downward trends, may reach unexpected low before June as petroleum marketers started lifting AGO (Diesel) from Dangote refinery earlier...
Again, CBN sells $10,000 to BDCs at N1,101/$
The Central Bank of Nigeria (CBN) has announced another round of dollar sales to Bureau De Change (BDC) operators.
This was contained in a statement...
Shettima Inaugurates IDICE Technical Committee, Pledges New Dawn
Vice President Kashim Shettima has inaugurated a technical committee to kick off the Investment in Digital and Creative Enterprises (iDICE) Programme, describing the development...
Naira undervalued by 30% – Renaissance Capital
According to the Renaissance Capital Africa research, Nigeria is expected to see a rise in oil prices and a strengthening of its currency in...
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...
Bank Directors Support CBN’s Selling of Surplus Currency.
Bank Directors Association of Nigeria says it is supportive of a directive by the Central Bank of Nigeria asking commercial banks to stop “hoarding’’...
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...
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...
Breaking: Nigeria reaches N87.91 trillion in debt — DMO
Nigeria’s total public debt rose marginally by 0.61 per cent quarter-on-quarter to N87.91trn in the third quarter of 2023.
This is according to new debt...
