On Friday, the Naira depreciated to N1,610 per dollar in the parallel market, down from N1,580…
Business
Rising Food Prices in Nigeria: NBS report highlights inflation surge in June
The National Bureau of Statistics (NBS) has released a report indicating significant increases in the prices…
Dangote: MAN warns FG against demarketing local industries
The Manufacturers Association of Nigeria (MAN) has issued a warning to the Federal Government against actions…
Reps passes amended 2024 budget at ₦35.5trn
The House of Representatives has approved an amended 2024 budget totaling ₦35.5 trillion, an increase from…
BREAKING: CBN hikes interest rates to 26.75% to combat soaring inflation
The Central Bank of Nigeria (CBN) has once again raised the Monetary Policy Rate (MPR), which…
NNPC Personnel Linked to Malta Plant: Kyari challenges Dangote to reveal names
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has…
Max Air aircraft experiences tyre blowout during takeoff from Yola
A Max Air Boeing 737, carrying 119 passengers and six crew members, experienced a rear gear…
DMO offers N300bn FGN bonds for subscription at N1,000 per unit
The Debt Management Office (DMO) is offering three Federal Government of Nigeria (FGN) bonds valued at…
CBN approves sale of forex to BDCs at N1,450/$
The Central Bank of Nigeria (CBN) has taken decisive steps to stabilize the foreign exchange (FX)…
Petrol price rises 37.44% year-on-year to N750.17 —NBS
The national average retail price for Premium Motor Spirit (PMS), commonly known as petrol, saw a…