Economy

Nigeria’s Inflation Falls Further To 15.99% In October

The consumer price index (CPI), which measures the rate of change in prices of goods and services, declined for the…

4 years ago

Fuel scarcity hits Zamfara

The scarcity of fuel in Zamfara State has hit many businesses that depend on petrol usage as they now operate…

4 years ago

NNPC clears air on increase in petrol price, shortage of supply

      The Nigerian National Petroleum Corporation (NNPC) has warned the public against buying Premium Motor Spirit, also known…

4 years ago

FG, States, councils share N739.9B as VAT falls, statutory revenue up

The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government, N739.965 billion as revenue allocation for…

4 years ago

eNaira: PMB predicts Increase in Nigeria’s GDP By $29bn, give reasons

President Muhammadu Buhari has said Nigeria’s new digital currency, eNaira, will increase the country’s Gross Domestic Product by $29 billion…

4 years ago

Nigeria: CBN Launches Digital Currency, Puts eNaira Wallet Apps On Google And Apple Stores (Download Here)

The nation’s apex bank, Central Bank of Nigeria (CBN) has rolled out eNaira, which is Nigeria’s first digital currency. The…

4 years ago

Exchange rate falls at official forex market as crude oil, crypto markets suffer losses

The exchange rate between the naira and the US dollar closed at N415.07/$1 at the Investors and Exporters window, where…

4 years ago

CBN To Banks: Adopt Official FX Rate For Intra-African Transactions

Commercial banks have been directed by the Central Bank of Nigeria (CBN) to adopt the exchange rate in the importer…

4 years ago

Naira Devaluation: Osinbajo’s Spokesperson Clarifies Vice President’s Statement

Laolu Akande, media aide to Professor Yemi Osinbajo, the Vice-President of Nigeria has clarified that his principal did not call…

4 years ago

Naira loses further at official market

Naira fell marginally against the U.S. dollar at the official market on Wednesday, as foreign exchange supply increased significantly from…

4 years ago