Business
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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Why CBN is Restricting the Repatriation of Export Proceeds by International Oil Companies
The Central Bank of Nigeria (CBN) recently announced a series of policy interventions aimed at enhancing foreign exchange (FX) liquidity...
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Why Electricity Subsidy Must End -Minister of Power, Bayo Adelabu
The Minister of Power, Bayo Adelabu, emphasized the necessity for Nigeria to transition away from subsidizing electricity and towards implementing...
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Why CBN Approved That Banks Should Set Their Own Exchange Rates for Foreign Currency Transactions
The Central Bank of Nigeria (CBN) has made a significant decision to allow banks in the country to determine and...
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What is in the Proposed Amended Nigerian Minerals and Mining Act
The House of Representatives Committee on Solid Minerals is proposing significant amendments to the Nigerian Minerals and Mining Act with...
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Despite the Suffering and Food Inflation, President Tinubu Says Nigeria will soon be Exporter of Agricultural Products
President Bola Tinubu has outlined ambitious plans to revolutionize agriculture in Nigeria, aiming to make the country self-sufficient in food...
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