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Business

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.
News

Resilient Nigerians Defy Tough Times with Stunning Creativity

Despite facing economic challenges, Nigerians are displaying resilience and creativity, transforming adversity into opportunity across various sectors like arts, tech, and agriculture.
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/$.
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.
Business

CBN Implements Strict FX Regulations on Banks Amid Naira Depreciation

In a bold move, CBN tightens FX regulations for banks, aiming to curb naira's free fall and stabilize the Nigerian economy.
News

Nigeria Faces Economic Challenges as Naira Dives Following Currency Unification

Nigeria's economic crisis deepens with naira's sharp fall after unification.
Business

Nigeria’s Economic Woes Deepen Amid Inflation, FX Shortages

Amid soaring inflation rates and a dwindling foreign exchange (FX) reservoir, Nigeria's economic health...
Business

Naira Plummets as World Bank Ranks It Among Africa’s Worst Currencies

The Nigerian naira has been ranked among the worst-performing currencies in Africa by the...
Business

Nigeria’s Industrialisation Dream Fades as Naira Hits Record Low 

Nigeria, Africa’s largest economy, is facing a crisis of industrialization as its currency, the...
News

How Nigeria’s Naira Lost 99.92% of Its Value in 50 Years 

Nigeria’s naira currency has depreciated significantly in the past five decades, losing 99.92% of...

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Business

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.
News

Resilient Nigerians Defy Tough Times with Stunning Creativity

Despite facing economic challenges, Nigerians are displaying resilience and creativity, transforming adversity into opportunity across various sectors like arts, tech, and agriculture.
News

Tenure of FCT Area Council Chairmen, Councillors Set to Expire in June 2026

The tenure of chairmen and councillors in the FCT area councils is set to expire in June 2026, clarified by INEC under the new Electoral Act 2022.
Business

NNPC’s Crude Supply Challenges Affect Dangote Refinery Project

NNPC faces scrutiny over failing to fulfill crude supply commitments to Dangote Refinery, sparking tensions with IOCs.

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