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Tinubu Reviews Envoy Postings After Name Mix-up, Confirms Three Diplomatic Appointments

KEY POINTS President Tinubu has approved the posting of three ambassador-designates to France, the...

January 23, 2026

News

Atiku Accuses Senate of Stalling Electoral Act Amendments, Warns 2027 Elections Are at Risk

KEY POINTS Atiku Abubakar has accused the Senate of delaying amendments to the Electoral...

January 23, 2026

News

NNPC Raises Fuel Price to ₦955 per Litre

NNPC raises petrol price to ₦955 per litre amid rising global oil costs, FX pressure, and public backlash over inflation.

October 14, 2025

Business

CBN: Business Confidence in Nigerian Economy Drops 3.2 Points

According to its CBN survey, business confidence was down 3.2 points, with businesses expecting naira depreciation.

November 13, 2024

News

Rising Naira Costs Push Starlink Out of Reach for Many Nigerians

The weakening naira has caused Starlink prices to surge by 115%, leaving many Nigerians struggling to afford the satellite internet service that was once accessible.

October 2, 2024

News

Naira Slumps Against Dollar, Erasing Gains Celebrated by Presidency

Naira falls by 91 points against the dollar 24 hours after a brief recovery was celebrated by the presidency

September 13, 2024

News

More Naira, Less Value: Inflation Erodes ₦7.6 Trillion in Consumer Spending

Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households

June 19, 2024

News

Naira Falls as External Reserves Dip Despite FX Reforms

The naira continues to fall amid declining external reserves, despite FX reforms by the Central Bank of Nigeria, raising concerns about the country's economic stability.

May 28, 2024

Business

CBN’s Naira Stabilization Efforts is Ineffective, Says Peterside

Atedo Peterside criticizes CBN’s approach to stabilizing the naira, calling for a more sustainable and market-aligned strategy as the currency hits N1500/$.

May 17, 2024

News

Breaking News: Naira Hits Record Low of N1,600; Tinubu’s Policies Questioned

Nigeria's naira hits a new low of N1,600/$1, facing a steep decline as President Tinubu's economic measures struggle to stabilize the economy amidst rising inflation and policy challenges.

February 15, 2024

Business