Economy

Fuel shortages have gotten worse in Lagos and Ogun States as filling stations are now charging N185 or more per litre for Premium Motor...

Muhammadu Buhari, the Nigerian President has apologised to Nigerians. He apologised over the naira redesign policy, saying that it was not introduced to cause hardship. In...

The Independent Petroleum Marketers’ Association of Nigeria (IPMAN) has disclosed why there is fuel scarcity leading to queues in Lagos state. Speaking to Daily Trust,...

Commercial bank operators in the nation have disputed claims made by the Central Bank of Nigeria (CBN) that they are hoarding naira notes despite...

On the black market, the naira-US dollar exchange rate has dropped to a new low, trading at a minimum of N740/$1 on Tuesday morning....

The Central Bank of Nigeria (CBN) has increased the weekly cash withdrawal limit for individuals and corporate organizations to N500,000 and N5 million, respectively. The...

President Muhammadu Buhari has demanded funding for the proposed 4000 km pipeline that would carry Nigerian gas to Europe via Morocco and accused the...

Taiwo Oyedele, the Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms has told President Bola Tinubu to suspend Value Added Tax...

The Central Bank of Nigeria has directed the Nigerian Customs Service (NCS) to use the FX closing rate on the date that importers submit...

The Central Bank of Nigeria, (CBN) on Thursday, debunked reports that it devalued the Naira. It was earlier reported that the apex bank devalued Naira...