Economy

Naira begins new week on a negative note, exchanges N430 to dollar

Naira begins new week on a negative note, exchanges N430 to dollar

The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430. The figure represented…
Nigeria’s inflation rate increases to 19.64% in July 2022 — NBS

Nigeria’s inflation rate increases to 19.64% in July 2022 — NBS

The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 19.64 per cent on a year-on-year basis…
Nigeria will not be where it is if… – Sanusi

Nigeria will not be where it is if… – Sanusi

Abolaji Ayodeji Sanusi Lamido Sanusi, the former Emir of Kano has said that Nigeria will not be where it is,…
How to cushion Nigeria’s rising debt portfolio — LCCI

How to cushion Nigeria’s rising debt portfolio — LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to adopt measures to increase the…
EFCC threatens to arrest foreign currency hoarders

EFCC threatens to arrest foreign currency hoarders

Adesola Sulaimon Chairman of the Economic and Financial Crimes Commission (EFCC) ,Abdulrasheeed Bawa has warned Nigerians against hoarding foreign currencies,…
Crude oil theft sabotaging Nigeria’s economy, says Uzodinma

Crude oil theft sabotaging Nigeria’s economy, says Uzodinma

Gov. Hope Uzodinma of Imo says the continuous theft of crude oil in the country was a direct sabotage to…
FCT High Court seals up Abuja Firstbank Headquarter

FCT High Court seals up Abuja Firstbank Headquarter

The headquarters of Firstbank located at the Central Business District, Abuja, had been sealed up by the FCT High Court…
Minister of finance defends FG’s N1.15bn vehicle purchase for Niger Republic

Minister of finance defends FG’s N1.15bn vehicle purchase for Niger Republic

Adesola Sulaimon The Minister of Finance, Budget and National Planning, Zainab Ahmed on Wednesday defended the Federal Government’s disbursement of…
High cost of diesel killing our businesses, Obasanjo laments

High cost of diesel killing our businesses, Obasanjo laments

By Olusegun Olanrewaju A former president, Chief Olusegun Obasanjo, yesterday lamented the hard times businesses are facing on account of…
Again, naira drops at Investors and Exporters window

Again, naira drops at Investors and Exporters window

The Naira on Friday depreciated against the dollar at the Investors and Exporters window, exchanging  at N429. The figure represented…
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