Browsing: Business & Economy

Domestic flight prices in Nigeria witnessed a 20.53% increase from January 2023 to January 2024, pushing the average fare for a single journey on selected routes…

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says himself and his team are not responsible for the current economic woes in the…

The Central Bank Governor, Olayemi Cardoso has stated that he believes the naira is undervalued largely because of “distortions” emanating from bad behavior. He stated this…

Nigeria’s forex reserves have risen to $34 billion according to the governor of Nigeria’s central bank, Olayemy Cardoso. He stated this when responding to questions at…

The Central Bank of Nigeria (CBN) has formalised dollar sales to Bureau De Change (BDCs) operators after a three-year break in a move aimed at stabilising…

In a move aimed at rectifying the persisting distortions in the retail segment of Nigeria’s foreign exchange market, the Central Bank of Nigeria (CBN) has taken…

The protests in Port Harcourt are so far restricted at Igboukwu Street, base of the Rivers State chapter of the Nigerian Labour Congress (NLC). The police…

With food inflation at 35.41%, Nigerians grapple with the rising cost of food items and low purchasing power in the country. The most recent National Bureau…

The Trade Union Congress (TUC) has advised President Bola Tinubu to lift the ban on food importation to reduce hyper-inflation and food scarcity in Nigeria. Festus…

The Federal Government may soon put up for sale its majority shares in the country’s satellite company, Nigeria Communications Satellite Limited (NIgComSat). This is coming on…