Edo State Governor, Godwin Obaseki, has stated that the state Government made plans for a N70,000 minimum wage three years ago when the telltale signs began to show that the economy was going in...
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2 Minutes
Nigeria’s inflation rate drops 14% by 2029— IMF predicts
Nigeria’s inflation rate is predicted to stabilize at 14 per cent in 2029, indicating a potential end to the current upward trend according to the latest data from the International Monetary Fund. This...
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5 Minutes
JUST IN: Fitch Ratings predicts naira
International credit rating agency, Fitch Ratings, has projected that the Nigerian currency, the naira, will end the year at 1,450 to the United States of American dollar. This was disclosed by the Director,...
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1 Minute
BREAKING: Huggies maker exits Nigeria, cites harsh economy
Kimberly-Clark, the American multinational and makers of “Huggies”, has announced its decision to stop local manufacturing and sales operations in Nigeria. This marks the end of its 14-year presence in the country. ...
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1 Minute
Tomato price hike, scarcity caused by infestation – Minister
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, has disclosed that the rise in the price of tomatoes is a result of an infestation known as Tomato Ebola, which reduced its availability....
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5 Minutes
CBN: Food imports hit N3tn over flooding, insecurity
The Central Bank of Nigeria released a total sum of $2.13bn to Nigerians for importing food products in 2023, Findings Revealed. According to the quarterly statistics of the Central Bank of Nigeria, the...
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4 Minutes
Renaissance Capital: Naira undervalued by 30%
Renaissance Capital Africa report suggests that 2024 has a positive outlook for Nigeria with a strengthening currency and a rise in oil prices. Its latest report on economy review says that at the...
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1 Minute
Dollar, Pound, EURO to Naira Exchange Rate Wednesday
Voice Air Media, VAM News Update Here is the USD to Naira exchange rate for Wednesday: April 3, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria...
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1 Minute
Dollar, Pound, EURO to Naira Exchange Rate Tuesday
Voice AIR Media, VAM News Update Here is the USD to Naira exchange rate for Tuesday:April 2, 2024 See the Naira performance across various currencies Currency dealers in Abuja Zone 4 market, Nigeria said...
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Matters Arising: Nigerians return to charcoal stoves, firewood over economic hardship
“Our ‘Joko’ charcoal stoves are a must-have for everyone. Easy to use; cook faster; use less charcoal and super durable. “Because of its wall insulation, it concentrates all the generated heat onto the...
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