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Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.
News

CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.
Business

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability
News

Nigeria’s Economy Faces Severe Pressure as Business Activity Shrinks

Nigeria, Africa’s largest economy, is facing a serious economic crisis as its business activity...
News

Naira Plummets to Record Low as Dollar Supply Shrinks Markets

The naira, Nigeria’s currency, has fallen to its lowest level against the US dollar...

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News

Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.
News

CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.
News

EEDC Blames Power Supply Drop on Gas Shortages

EEDC says gas constraints disrupted generation, forcing load shedding and reducing electricity supply across the South-East as grid operators work to restore stability.
News

Trump Sues BBC for $10 Billion Over Edited Speech

Donald Trump sued the BBC for $10 billion, alleging an edited documentary misrepresented his January 6 speech and influenced the 2024 election

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