The pump prices of Premium Motor Spirit (PMS) petrol will moderate this year as government and private-owned refineries begin operation, Central Bank of Nigeria (CBN) Governor,...
The volume of eNaira in circulation rose by 284.6 per cent to N9.78bn in August, according to the Central Bank of Nigeria. This is as the...
Naira falls to N1200/$ in parallel market, gains 11% in NAFEM Naira falls 18% to N951.22/$ in NAFEM The naira depreciated yesterday to N1,1200 per dollar...
President Bola Tinubu has declared that his administration has removed all obstacles hindering businesses in Nigeria. Tinubu said this while speaking to international investors on Monday,...
Nigeria’s state oil firm NNPC Ltd will supply the new 650,000 barrel-per-day Dangote oil refinery with up to six cargoes of crude oil in December to...
In the near future, the federal government will automate transactions in the entire foreign exchange market to tame wide arbitrage and punish naira speculators. Wale Edun,...
The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said. It noted that the currency weakened by nearly 40 per cent...
The Basic Metal, Iron and Steel Products Manufacturer, a sectoral arm of the Manufacturer Association of Nigeria, (MAN) has commended President Ahmed Bola Tinubu for his...
Dr Titus Okunrounmu, former Director, Budgetary Department at the Central Bank of Nigeria (CBN), has advised the Federal Government to reduce the cost of governance in...
The Organisation of the Petroleum Exporting Countries (OPEC) has said that Nigeria’s economic growth in the first quarter of 2023 (1Q23) stood at 2.4 per cent...
A former president of the Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, has appealed to the federal government to provide critical infrastructure for...
Mr Oliver Alawuba, Group Managing Director, United Bank for Africa (UBA), has reiterated the bank’s commitment to enhancing customer experience. He also expressed optimism on greater...
The Federal Competition and Consumer Protection Commission (FCCPC) has delisted another 18 Digital Money Lenders (DMLs) for operating without regulatory approval. A statement by Mr Babatunde...
The International Monetary Fund (IMF) says global growth is projected to fall from 3.5 per cent in 2022 to 3.0 per cent in both 2023 and...
A former Minister of Finance, Anthony Ani, says he has concluded plans to establish a vehicle assembly factory that will create 1,000 jobs in Efik Kingdom,...
The Naira on Friday ended the week losing against the dollar, exchanging at N775.76, at the Investors and Exporters window. The local currency lost 0.93 per...
Mr Jim Pam, Chairman, Plateau Internal Revenue Service (PIRS), says as part of efforts to boost revenue generation and block leakages, the service will automate all...