…As FG targets $10bn to strengthen Naira By Sodiq Adelakun In a bid to stabilise the Nigerian foreign exchange market and curb the detrimental impact of...
…AfDB President lauds 15 African countries for surpassing 5% output growth By Sodiq Adelakun Africa’s real Gross Domestic Product (GDP) growth is predicted to reach an...
The Naira depreciated further to N1,534/$ on Monday according to data on the Central Bank of Nigeria and FMDQ website. This is a landmark as it...
…Halts payment of BTA/PTA in cash …Cacophony of postulations affecting stability of Fx market — Tinubu tells Govs By our correspondents The Central Bank of Nigeria (CBN)...
By Sodiq Adelakun The Central Bank of Nigeria (CBN) has issued new directives to International Oil Companies (IOCs) operating within the country, aimed at regulating the...
By Matthew Denis, Abuja Nigeria has experienced a surge in its inflation rate, reaching 29.90 percent, up from the previous month’s 28.92 percent, indicating a 0.98...
By Sodiq Adelakun In a continued economic downturn, the Nigerian naira has taken a significant hit, plunging below the N1,600 mark against the US dollar on...
Fidelity Bank Plc has announced its Board of Directors’ decision to extend the employment contract of its GMD/CEO, Nneka Onyeali-Ikpe, from 2024 to 2026. The decision...
By Sodiq Adelakun In a remarkable turn of events, Nigeria’s mining and quarrying sector has seen an unprecedented surge in bank loans in the third quarter...
The Debt Management Office (DMO) is opening an offer to sell a total of N2.5 trillion FGN bonds to members of the public this month. The...