Economy

CBN asked to Enforce use of Nigerian coins

The house of representatives has asked the Central Bank of Nigeria (CBN) to enforce the use of coins as a…

4 years ago

Massive job cut looms as dollar hits a new all-time high

With the money market, the lingering foreign exchange scarcity in the country has continued to worsen even as the exchange…

4 years ago

Naira plunges to N585 per dollar at parallel market

Nigerian naira has dropped to N585 against the dollar at the parallel section of the foreign exchange market. The figure…

4 years ago

Why we’re borrowing more to fund petrol subsidy – FG

The federal government has disclosed that it will use $2.2 billion of the fund raised via eurobond to cater for…

4 years ago

Inside Osun’s Debt Crisis: How Ex-gov Aregbesola’s N200billion loan landed State in – N375m allocation

The financial crisis facing the Osun State Government has continued to bite harder as the State’s fiscal receipts from the…

4 years ago

2022: CBN may increase interest rate – Report

A new report has said likely stronger dollar demand will convince the Central Bank of Nigeria of the need to…

4 years ago

CBN: FG spent $1.68bn on food imports in nine months

The Federal Government spent $1.68bn on food importation from January to September last year.     The Central Bank of…

4 years ago

Nigerians Should Expect Modest Increases In Taxes, Levies – Says Zainab Ahmed

Minister of finance, budget and national planning, Zainab Ahmed has disclosed that there may be modest increases in taxes and…

4 years ago

Eniola travels hub unveils Tourism course, urges Information & Culture Ministry to invest on Karshi Waterfall

Tourism: Tourism plays a crucial role in the development and growth of all countries, especially the developing ones, creating a…

4 years ago

Petrol to sell for N340 after Subsidy Removal – NNPC

Going by the words of Nigerian National Petroleum Company Limited (NNPCL) Group Managing Director/ Chief Executive Officer (GMD/CEO) Mele Kyari,…

4 years ago