New Naira: Drama As Warri Market Women Besiege Banks, Barricade Roads

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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...

The biggest mess created in 2023 was actually the devaluation of...

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Aliko Dangote, the most affluent individual in Africa, is the Chairman of Dangote Industries Limited. Addressing the shareholders at the yearly general assembly of Dangote...

Reason CBN needs to adopt blockchain – Professor Yemi Osinbajo

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Professor Yemi Osinbajo has stated that Nigeria may need to further broaden the scope of its banking licences in order to accommodate more players...

Naira Depreciates Against Dollar By 29% to Exchange N664.04/$1 at I&E...

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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...

Petrol Scarcity: Marketers Defy FG, Hike Pump Price To N280/litre

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Independent Marketers are selling petrol at N280 per litre, defying an order by the federal government, according to a report by Vanguard. This comes tree...

“Learn From Kenya” – Oil Marketers Tell President Tinubu Over Fuel...

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Oil marketers have asked President Bola Tinubu to learn from his Kenyan counterpart, President Williams Ruto over the lingering crisis generated as a result...

Exchange rate skyrockets to N644/$1 at peer-to-peer market as forex scarcity...

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Wednesday, 20th July 2022: The exchange rate between the naira and the US dollar closed at N426.58/$1 at the Investors and Exporters (I&E) window, where...

‘It Wasn’t Meant To Cause Hardship’ – Buhari Apologises Over Naira...

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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...

FG Removes VAT on Diesel, CNG, and Electric Vehicles to Lower...

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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...

Sanwo-Olu unveils 30-year dev’t plans, signs Lagos Wealth Fund Bill

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Lagos State Governor Babajide Sanwo-Olu has signed the Lagos State Wealth Fund (LSWF) bill and the Lagos State Civil Bill which will be sent...