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NUJ Condemns DSS Attack on Journalists at Edo Election Tribunal

The NUJ condemns DSS operatives attack of journalists covering Edo Election Tribunal as assault on press freedom and democracy.
News

World Bank Debars Nigerian Companies, CEO Over Fraudulent Practices

The World Bank has banned a 30-month ban on Viva Atlantic Limited, Technology House Limited and their CEO for fraudulent practices related to the Nigeria’s Social Safety Nets Project.
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
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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
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.
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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News

NUJ Condemns DSS Attack on Journalists at Edo Election Tribunal

The NUJ condemns DSS operatives attack of journalists covering Edo Election Tribunal as assault on press freedom and democracy.
News

World Bank Debars Nigerian Companies, CEO Over Fraudulent Practices

The World Bank has banned a 30-month ban on Viva Atlantic Limited, Technology House Limited and their CEO for fraudulent practices related to the Nigeria’s Social Safety Nets Project.
News

Trump’s Energy Policies May Affect Nigerian Exports, Revenue

Trump U.S. energy policy shifts could reduce Nigerian crude oil exports, cash flow. They are calling for domestic refining investments.
Business

The Gig Economy in Nigeria: Opportunities and Challenges for Freelancers

Nigeria's gig economy empowers freelancers with income opportunities, skill development, and independence, while challenges like earnings volatility and digital gaps persist.

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