Business
CBN Approves Foreign Exchange Sale to BDCs to Tackle Price Distortions
In a bid to address price distortions and enhance market stability, the Central Bank of Nigeria (CBN) announced on Tuesday...
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Inflationary Pressures: Central Bank of Nigeria Implements Aggressive Monetary Policy Measures
In response to escalating inflationary pressures, the Central Bank of Nigeria (CBN) has taken bold steps to tighten monetary...
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Central Bank of Nigeria’s Monetary Policy Committee Set to Address Inflation Concerns
The Central Bank of Nigeria's Monetary Policy Committee (MPC) is poised to reveal the outcome of its inaugural meeting under...
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Federal High Court Orders FAAN to Disclose Revenue from Toll Gates and Parking Lots
In a significant ruling, Justice Ibrahim Ahmad Kala of the Federal High Court in Lagos has directed the Federal Airports...
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Afreximbank President Highlights Benefits of $3.3 Billion NNPC Loan Amidst Criticisms
The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), Benedict Oramah, has defended the...
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Nigeria’s $1.1 Billion Port Rehabilitation Fund Nears Completion as Government Boosts Maritime Security
In a significant stride towards enhancing Nigeria's maritime infrastructure and security, the federal government has announced that the $1.1 billion...
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Nigeria’s Economy Sees Glimmer of Hope Amidst Challenges with Influx of $1.8 billion
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, struck an optimistic tone on Sunday, emphasizing a positive...
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How The Illiquidity in the Power Sector is Caused Majorly By Electricity Theft Done By Rich Nigerians
The spokesman of the power distributors, Sunday Oduntan, highlighted the issue of electricity theft, emphasizing that it is not only...
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Why House of Rep is Urging CBN to Maintain FX rate for Customs Duty to Below N1,000/$1
The House of Representatives has called on the Central Bank of Nigeria (CBN) to maintain the system exchange rate for...
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Why Food Inflation Rose to 29.90 percent in January -NBS
The latest data from the National Bureau of Statistics (NBS) shows that Nigeria's Consumer Price Index (CPI), which measures the...
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