Naira Hits Record Low of N1,700/$1 in Parallel Market
Samuel Mobolaji The Nigerian naira has fallen to a new low, closing at N1,700 per...
Finance & Economy
Majority of Nigerians Demand Lower Interest Rates Amid Economic Strain
A significant 71.4% of Nigerians are advocating for a reduction in interest rates due to...
Interbank Rates Fall as FGN Coupon Payments Enhance Liquidity
Samuel Mobolaji Interbank rates in the money market declined following inflows from Federal Government of...
Fuel Price Hike: NACCIMA Warns of Economic Fallout, Industry Closures
Samuel Mobolaji The President of Nigerian Association of Chamber of Commerce, Industry, Mines and...
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...
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...
