Naira Struggles Again, Plummets To Record Low, Hits N1,105 At Official Market
The naira witnessed a staggering decline, marking its most significant fall in recent times, as it reached N1,105 at the...
Business
World Bank Disburses $300m Palliative Loans
The World Bank has commenced payment of the $800m approved for the National Social Safety Net Program-Scale Up. ...
How CBN Weakened Naira – Sanusi
Former Emir of Kano, Muhammad Sanusi, has revealed how the Central Bank of Nigeria (CBN) weakened the naira. Sanusi stated...
BREAKING: Old Notes To Remain Legal Tender In Nigeria ‘Forever’ – CBN
The Central Bank of Nigeria (CBN) has removed the deadline for legal tender status of old N200, N500, and N1000...
Dangote Refinery Secures Licence To Refine 300,000bpd Crude
Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of...
Naira Slumps Against Dollar
Nigeria’s currency, the Naira, depreciated further against the US Dollar in the foreign exchange market on Wednesday. Data from the...
Old, New Naira Notes Remain Legal Tender – CBN
The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and...
Reduce inflation, economic hardship on Nigerians – Sanusi tells CBN
Lamido Sanusi, former governor of the Central Bank of Nigeria, has tasked the incumbent governor, Olayemi Cardoso, to implement monetary...
FG Allocates N15bn For Repairs Of Third Mainland Bridge In Lagos
The Federal Government has allocated N15 billion for the comprehensive repairs of the Third Mainland Bridge in Lagos, according to...
IMF Warns African Countries Over Economic Ties With China As Nigeria’s Chinese Debt Rises To $4.73bn
The International Monetary Fund (IMF) has cautioned Nigeria and other Sub-Saharan African countries over the risks of close economic ties...
