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Gumi defends public funding of marriages in Shariah states

Islamic cleric Sheikh Ahmad Gumi has defended using public funds to support marriages in Nigeria's Shariah states, calling the practice a legitimate part of governance.
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Nigeria’s refineries will soon bounce back, Tinubu says

President Tinubu says Nigeria's refineries will soon bounce back, while complaining that CNG benefits flow to truck owners rather than commuters, as NUPENG raised concerns.
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Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.
Business

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.
Business

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...
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Nigeria Faces Naira Pressure, IMF Offers Loan Option

Nigeria’s currency, the naira, is under pressure and the country could seek a loan...

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Gumi defends public funding of marriages in Shariah states

Islamic cleric Sheikh Ahmad Gumi has defended using public funds to support marriages in Nigeria's Shariah states, calling the practice a legitimate part of governance.
News

Nigeria’s refineries will soon bounce back, Tinubu says

President Tinubu says Nigeria's refineries will soon bounce back, while complaining that CNG benefits flow to truck owners rather than commuters, as NUPENG raised concerns.
Business

Naira Trades at ₦1,364.83/$ as Forex Market Maintains Relative Stability

KEY POINTS Naira traded at ₦1,364.83/$1 on Friday, up from ₦1,357.65/$1 on Thursday. The...
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Osun APC Candidate Freed as Naval Commander Reportedly Redeployed After Arrest

KEY POINTS APC candidate Komolafe reportedly freed. Naval commander allegedly redeployed. Incident occurred ahead...