FAO Predicts Food Crisis in Borno, Sokoto, Zamfara, and FCT
The Food and Agriculture Organisation (FAO) has raised concerns over a potential food crisis in Nigeria, affecting at least 26.5...
Economy
Naira’s Dramatic Turnaround: Surges Below N900 to $1 on P2P Exchanges
In a surprising turn of events, the Nigerian Naira has made a strong comeback against the US dollar, sending shockwaves...
FG Launches Ambitious Plan to Lift 50 Million Nigerians Out of Poverty
The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, announced that her ministry is collaborating with other government ministries...
France Returns $150 Million Abacha Loot to Nigeria
President Bola Tinubu has expressed his appreciation to France for the return of $150 million stolen from Nigeria by former...
NDIC Distributes N16 Billion in Liquidation Dividends to Depositors and Creditors
The Nigerian Deposit Insurance Corporation (NDIC) has disclosed that it paid approximately N16 billion in liquidation dividends to depositors, creditors,...
Zimbabwe Generates $209 Million from Lithium Exports, Aids Economic Recovery
Zimbabwe has witnessed a surge in income from lithium exports, generating approximately $209 million in revenue over nine months, according...
CBN Resolves Backlog of Forex Demands for Banks and Airlines
The Central Bank of Nigeria (CBN) has reportedly made significant efforts to address the backlog of foreign exchange (forex) demands,...
CBN Addresses Concerns About Currency Shortage, Assures Adequate Supply
The Central Bank of Nigeria (CBN) has addressed concerns about a shortage of currency notes in the country, emphasising that...
Efforts Underway to Curb Insecurity in South East, Says SSA to the President
Mrs. Chioma Nweze, the Senior Special Assistant to President Ahmed Tinubu on Community Development, has expressed concern over the security...
Naira Expected to Strengthen to N850 by Year’s End, Says JPMorgan
The outlook for the Nigerian naira has improved due to reports that the Central Bank of Nigeria (CBN) is planning...
