The Lagos state government has taken a significant step towards easing the economic burden on its residents by announcing the locations for discounted food markets across...
The supply of US dollars surged by 50 per cent to $248.75 million, coinciding with the continued appreciation of Nigeria’s currency, the Naira, in the foreign...
The Ministry of Transport has inked a significant deal with Messrs MPH Rail Development Limited, a UK-based company, to spearhead the implementation of the Port Harcourt–Enugu–Calabar–Abuja...
In a bid to address the looming threat to food security, the Central Bank of Nigeria (CBN) has announced the resumption of its funding intervention in...
In a sharp downturn, the value of the Nigerian naira tumbled to N1,620 against the US dollar in the parallel market, marking a decline from its...
In compliance with a presidential directive, the Nigeria Customs Service (NCS) has initiated the process of returning confiscated food items to traders in border communities within...
President Bola Tinubu’s administration has intensified pressure on the global cryptocurrency giant, Binance, by demanding the identities and transaction records of the top 100 Nigerian users....
In a notable surge, the Nigerian naira demonstrated resilience on Monday, reaching N1,600 per dollar in the parallel section of the foreign exchange (FX) market. This...
In the face of Nigeria’s recent record-high inflation, reaching 29.90% in January 2024, citizens find solace as prices for essential items like sugar, rice, beans, semo,...
In its latest Country Report on Nigeria, the Economist Intelligence Unit (EIU) has underscored the limited liquidity of the Central Bank of Nigeria (CBN) to sustain...