The cost of servicing Nigeria’s debt surpassed federal government’s retained revenue by N310 billion in the first four months of this year (2022). This was made...
Nigeria’s oldest airline, Aero Contractors, has temporarily suspended operations over economic crisis. It was earlier reported that airlines in Nigeria have been lamenting the skyrocketing price...
The League of Women Voters has asked President Buhari to resign over his inability to protect the country and mitigate economic suffering. In a statement signed...
President Muhammadu Buhari has once again expressed confidence in the Central Bank of Nigeria (CBN)’s governor, Godwin Emefiele. In an interview with Bloomberg, the president said...
According to the World Bank, the inflation shock in Nigeria is projected to push about 15 million more Nigerians into poverty between 2020 and 2022. The...
According to the latest figures by the National Bureau of Statistics, Nigeria’s inflation rate has again increased to 17.71 percent, The NBS on Wednesday said that...
Chief Afe Babalola, founder, Afe Babalola University, Ado Ekiti, has said that the purchase of political parties’ presidential nomination forms with huge amounts by politicians has...
The Central Bank of Nigeria has issued a new directive to banks and Payment Service Providers to accept indemnity from customers for highly secured online funds...
Nigeria’s President, Muhammadu Buhari on his visit to Madrid the capital of Spain, has told investors in Spain to take advantage of Nigeria’s tax-free environment and...
The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s currency. The rate at the Importers...