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COAS Vows Commitment to Welfare of Wounded Soldiers

He assures wounded soldiers that their sacrifices won’t be in vain as he pledges top notch welfare support.
Business

Access Bank Raises $228 Million to Boost Capital and Expand

Access Bank raises $228 million to boost capital and fund expansion into Morocco, Egypt, and the United States, targeting global growth by 2027
News

Tinubu’s N100,000 Wage Blocked by Governors

The NLC Lagos Council criticizes the new N70,000 minimum wage as inadequate for Lagos workers, citing high living costs and governors' influence on the decision.
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Nigeria’s Inflation Climbs to 34.19% in June, Driven by Food Prices

Nigeria's inflation rate rose to 34.19% in June, driven by rising food prices. This significant increase poses serious concerns for the economy and citizens.
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
News

High Food Prices Strain Nigerians’ Incomes

High food prices in Nigeria are placing significant strain on household incomes, exacerbating economic challenges across the country.
News

Tinubu Dedicates Key Abuja Road to Nobel Laureate Soyinka

President Bola Tinubu honors Nobel Laureate Wole Soyinka by renaming a key road in Abuja, highlighting his contributions and the government’s commitment to cultural recognition.
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Major Shakeup at CBN: Over 90 Senior Staff Dismissed

The Central Bank of Nigeria has dismissed seven directors and over 90 senior management staff as part of a major restructuring to enhance operational efficiency and governance.
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Nigerian Senator Urges Caution in Amending CBN Act

Senator Sani Musa calls for careful consideration in amending the CBN Act, emphasizing the need to preserve the Central Bank's autonomy for economic stability.
News

CBN Cuts Duty FX Rate Again as Naira Exceeds N1500/$

CBN cuts import duty exchange rate to N1,446.281/$, marking the eighth adjustment this month amid ongoing naira fluctuations.
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Nigerian Central Bank Hikes Interest Rate to 26.25%

Nigeria’s Central Bank raised its benchmark interest rate to 26.25%, aiming to curb inflation and stabilize the economy despite potential growth impacts.
News

CBN Hikes Interest Rate to 26.25%, OPS Protests

The Central Bank of Nigeria raises the MPR to 26.25%, aiming to curb inflation but sparking concerns among businesses about higher borrowing costs.
News

Shell Contributed $1.09bn in Taxes in 2023

In 2023, Shell Nigeria paid $1.09 billion in taxes and royalties, underscoring its substantial financial contribution to the Nigerian government and its economic development.
News

SDP Candidate Urges Shift from Wage Hikes to Social Investments

SDP's Adebayo champions social investments over wage increases, emphasizing a sustainable approach to supporting all citizens.
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News

COAS Vows Commitment to Welfare of Wounded Soldiers

He assures wounded soldiers that their sacrifices won’t be in vain as he pledges top notch welfare support.
Business

Access Bank Raises $228 Million to Boost Capital and Expand

Access Bank raises $228 million to boost capital and fund expansion into Morocco, Egypt, and the United States, targeting global growth by 2027
News

Inmates need skill empowerment’, says Peter Obi

Peter Obi urges for skill acquisition programs in correctional centers to rehabilitate inmates and help the society grow.
News

CBN Grants Bureaux de Change Temporary Access to Official FX Market to Bolster Naira

CBN grants Bureaux de Change access to forex market while implementing measures to stabilize the Naira and curb speculation.

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