NBS Report: Cost of Healthy Diet in Nigeria Reaches N938 Per Adult Daily
The National Bureau of Statistics (NBS) has released its report for February 2024, revealing that the national average cost of...
Economy
CBN Attracts $1.5 Billion into Economy, MAN Raises Alarm Over Impact on Manufacturing Sector
The Manufacturers Association of Nigeria (MAN) has expressed deep concern over the recent decisions of the Monetary Policy Committee (MPC),...
Federal Government Announces Delay in Port Harcourt-Aba Rail Line Operations
The Federal Government has adjusted the commencement date for operations on the Port Harcourt-Aba rail line, with Minister of Transportation,...
CBN Slashes Customs Exchange Rate to 8-Week Low, Reflecting Naira’s Appreciation
The Central Bank of Nigeria (CBN) has made a significant move by reducing the exchange rate for customs import duties...
‘Tinubu Outshines Buhari’s Eight Years in Office,’ Claims Reno Omokri
Reno Omokri, a former spokesperson for the presidency, has openly commended President Bola Tinubu for his substantial achievements within less...
Nigerian Economy Sees $1.5 Billion Boost Following CBN’s Aggressive Interest Rate Hike
Following a bold move by the Central Bank of Nigeria (CBN) to increase the Monetary Policy Rate (MPR) by 200...
New Economic Councils Formed to Tackle Nigeria’s Economic Challenges and to Boost Nigeria’s Economic Governance
President Bola Tinubu has approved the establishment of two key economic councils aimed at addressing Nigeria's current economic challenges. The...
Embarrassment Looms as Refineries Risk Running Dry of Local Crude Oil Supply
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has raised concerns about the availability of enough crude oil...
CBN’s Bold Moves Result in Marked Improvement for Naira Against Dollar
The Nigerian currency, the naira, has been on an upward trajectory against the dollar, evidenced by the fifth reduction in...
‘Energy Poverty in Gas-Rich Nigeria is Unacceptable’ – Petroleum Minister
During a recent retreat held in Abuja, Rt. Hon. Ekperikpe Ekpo, the Minister of State for Petroleum Resources focusing on...
