Price of Kerosene Surpassed ₦1400 Per Litre In April – NBS

A new report by the National Bureau of Statistics (NBS) has revealed that the per-litre price…

FG Spent ₦628.61 Billion On Electricity Subsidy In 2023 Amid Rising Power Costs

The Federal Government of Nigeria expended a staggering ₦628.61 billion on electricity subsidies in 2023, as…

Naira Marks Fourth Consecutive Appreciation Against the Dollar, Amid New CBN Directive To BDC Operators

The Nigerian Naira has continued its upward trajectory against the US Dollar, marking its fourth consecutive…

Dangote Hike Diesel Price Amid Recent Naira Crash

The Dangote Petroleum Refinery has increased the price of diesel from ₦940 per litre to ₦1,100…

Dangote Reveals When Nigeria Will Totally Stop Fuel Importation

 Africa’s richest man and Chairman of the Dangote Group,  Aliko Dangote, announced that Nigeria would cease…

World Bank Blacklists 58 Nigerian Firms, Individuals – [See Details]

The World Bank has taken action against no fewer than 58 Nigerian companies and individuals for…

Naira Appreciates Against Dollar After Weeks Of Decline

The Naira has recorded its first N61.38 appreciation against the Dollar at the official foreign exchange…

CBN Gov, Cardoso Reveals When Interest Rates Will Drop Low

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has suggested that interest rates…

‘Naira Now Worst Performing Currency In The World’

Nigeria’s currency, the naira, has taken a sharp downturn, becoming the world’s worst-performing currency in the…

CBN Buying And Selling Rate For Euro, Pounds And Other Currencies

In recent days, the Nigerian Naira has continued to exhibit signs of instability against the US…