Naira Drops by 4.1% Amidst US Dollar Shortage in FX Market
Samuel Mobolaji The Naira has depreciated significantly across foreign exchange (FX) markets, primarily due to...
Finance & Economy
DMO Unveils October FGN Savings Bonds Offering up to 18.084% Interest Rate
The Federal Government of Nigeria, through the Debt Management Office (DMO), has officially opened the...
Nigeria’s FDI Plummets to Historic Low of $29.83m in Q2 2024
Samuel Mobolaji Nigeria’s Foreign Direct Investment (FDI) for the second quarter of 2024 has plunged...
Cardoso’s First Year: Restoring Trust, Containing Inflation, Economic Stability Top CBN’s Priorities
Samuel Mobolaji As Governor Olayemi Cardoso marks his first year leading the Central Bank...
MPR Hike: Interest Rate at 27.25% May Squeeze SMEs, Threaten $1trn Economy Target- Experts
Samuel Mobolaji Following the Central Bank of Nigeria’s (CBN) decision to raise the Monetary Policy...
Tinubu’s Revenue Centralization plan sparks Fears of Operational Breakdown in Maritime, Others
Samuel Mobolaji President Bola Tinubu’s proposal to centralize revenue collection under a new Nigeria...
Patronize Made in Nigeria to Avoid Risk of Cancerous Economy- Erisco
Industrialist and CEO of Erisco foods, Chief Eric Umeofia has stated that, the continuous patronage...
EFCC Cracks Down on Corporate Tax Evaders to Boost Nigeria’s Revenue
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has...
Naira Climbs 0.59% to N1,659.26, Narrowing Exchange Rate Gap to N6
Samuel Mobolaji The naira climbed by 0.59 per cent to N1,659.26 against the US dollar...
CBN Cut OMO Bill Interest Rate to 24.32% Amid High Inflation Pressures
Samuel Mobolaji The Central Bank of Nigeria (CBN) has reduced the interest rate on its...
