Fuel Price Hike: Drama As EFCC Raids Kaduna Filling Stations
Serious drama took over parts of Kaduna State recently on Thursday.
This is because the officials of Economic and Financial Crime Commission (EFCC) stormed filling...
We Will Decentralise National Grid, Invest $550m To Boost Power Supply...
President Muhammadu Buhari says his administration is decentralising the nation’s national grid through renewable mini-grids to address the challenges of electricity supply across the...
Naira Redesign: “No Going Back” – Buhari Speaks
Nigeria's number one man, President Muhammadu Buhari has spoken on the plans to redesign the naira.
The President said there is no going back on...
CBN denies devaluing Naira to N630/$1
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...
“Learn From Kenya” – Oil Marketers Tell President Tinubu Over Fuel...
Oil marketers have asked President Bola Tinubu to learn from his Kenyan counterpart, President Williams Ruto over the lingering crisis generated as a result...
“We talk about black markets, which also create problems” CBN explains...
The Central Bank of Nigeria (CBN) has linked the naira's depreciation versus the dollar and its inability to manage the foreign exchange market to...
Nigeria’s Inflation Drops to 22.97% in May — NBS
Nigeria’s headline inflation rate has dropped to 22.97% in May 2025, according to the National Bureau of Statistics (NBS). This marks a 0.74% decline...
JUST IN: Exchange rate falls to N993 to $1
The exchange rate between the naira and dollar fell to the lowest level ever on NAFEM where forex is sold officially.
This represents a massive...
New Naira: Drama As Warri Market Women Besiege Banks, Barricade Roads
Some commercial banks have been forced to close in Warri.
The banks were forced to close abruptly on Friday when scores of market women barricaded...
FG Removes VAT on Diesel, CNG, and Electric Vehicles to Lower...
To cut prices, the federal government has issued value-added tax (VAT) exemptions for various energy goods, including fuel, liquefied natural gas (LNG), compressed natural...