CBN’s Interest Rate Move Aims to Tackle Inflation and Naira Depreciation
The 364-day treasury bills stop rates in Nigeria surged to 19% per annum, marking a clear shift towards a hawkish...
Economy
House of Representatives to Probe Alleged Dollar Hoarding by Commercial Banks
The House of Representatives has announced plans to investigate allegations of dollar hoarding by some commercial banks, following a motion...
Cabinet Ministers Convene Emergency Meetings Over Economic Crisis and Soaring Food Prices
Nigeria's cabinet ministers have convened urgent meetings to address the country's economic challenges and the surge in food prices, following...
Coalition of Northern Groups Calls for Urgent Government Action to Address Price Hikes and Economic Hardships
The Coalition of Northern Groups (CNG) has raised alarm over the alarming increase in prices of essential goods in Nigeria,...
APC Accuses Rivers State Governor of Squandering N144.28 Billion of State Funds
A potential political crisis is brewing in Rivers State as the All Progressives Congress (APC) has accused the Governor Siminalayi...
Rising Food Prices Spark Unrest in Kano and Niger
The Federal Government has expressed concern over the escalating costs of food and essential goods in Nigeria, leading to demonstrations...
Protests Erupt at Michael Okpara University of Agriculture Over Alleged 60% Fee Increase
A widespread protest has erupted at Michael Okpara University of Agriculture, Umudike, Abia State, as students of the institution express...
World Bank Projects Crisis Food Security in Seven Nigerian States Due to Insecurity and Armed Conflicts
The latest Food Security report by the World Bank has highlighted the precarious situation facing several states in Nigeria, particularly...
CBN Governor Attributes Naira Pressure to High Spending on Foreign Education and Healthcare
Central Bank Governor Oluyemi Cardoso disclosed that Nigerians spent over $40 billion on accessing education and healthcare abroad between 2010...
CBN Governor, Budget and Finance Ministers, Address House of Representatives on Economic Challenges
Finance Minister Wale Edun and Budget Minister Atiku Bagudu have offered reassurances to Nigerians that President Bola Tinubu is actively...
