Economy

The naira has crashed further in the parallel market, trading for N719 against the U.S. dollar on the parallel exchange platform Aboki Forex. Checks on...

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 15.5 percent, from 14 percent in a bid to curb...

The Fifth Generation (5G) technology would be implemented this year, according to Umar Danbatta, the chairman of the Nigerian Communications Commission (NCC). Danbatta said this...

President Bola Tinubu has approved additional N10,000 for workers for a period of six months. This follows a meeting which the Federal Government officials had...

Malami says the proposed ban of Okada could cut off sources of funds for terrorists and bandits. The Federal Government is considering banning the use...

Nigeria Labour Congress (NLC) says it will make its decision on the suspension or continuation of its protest against the effects of fuel subsidy...

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

Since the Central Bank of Nigeria (CBN) prohibited the sale of dollars to bureau de changes, the black market value of the dollar against...

Yakubu Suleiman, the National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has claimed that even with the sudden hike...

The naira, Nigeria’s legal tender, is currently trading at N750-N755 per dollar at the investors and exporters (I&E) window. The I&E foreign exchange (FX) window...