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Business and Economy

Equity Investors Face N700 Billion Loss Following MPC Interest Rate Hike

By Daniel EduThe Nigerian Exchange Group (NGX) witnessed a substantial sell-off, resulting in a 1.27% decline in the All-Share Index on Wednesday. This follows...

JUST IN: CBN Initiates Dollar Sales to BDCs

The Central Bank of Nigeria (CBN) has announced the commencement of foreign exchange sales to eligible Bureau De Change (BDC) operators across the nation,...

**CBN Injects Over $300 Million to Stabilize Naira**

By Daniel EduThe Central Bank of Nigeria (CBN) has injected over $300 million into Deposit Money Banks (DMBs) in the past two weeks in...

**CBN Limits Dollar Purchase from BDCs, Sets New Guidelines**

By Daniel EduThe Central Bank of Nigeria (CBN) has introduced new guidelines for Bureau De Change (BDC) operations, limiting the amount of foreign exchange...

**CBN Addresses Nigerians on Naira Depreciation**

By Daniel EduOlayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), represented by Dr. Usman Opanachi, has urged Nigerians to exercise patience...

“Fed Govt Cracks Down on Forex Speculation as Naira Hits N1,900 Per Dollar”

By Daniel EduIn a bid to address the foreign exchange crisis, the Nigerian government has declared war on currency speculation, directing the Office of...

Bulk Purchasing Agency meant to slash food prices- Gov Eno

By Ogenyi Ogenyi,UyoGovernor Umo Eno of Akwa Ibom has said that the Bill for the establishment of the State Bulk Purchasing Agency, which is...

CHRAN lauds A’Ibom Assembly for Ibom Oil and Gas Corporation Bill

By Ogenyi Ogenyi,UyoThe Center for Human Rights and Accountability Network (CHRAN) has commended the sponsors of the Bill for a Law to Establish the...

APC-IGG Commends Tinubu For the Release Of Food Items To Nigerians.

By Jabiru Hassan,Kano.The National President, APC Initiative For Good Governance (APC-IGG) Ambassador Musa Mohammed Tsoken has commended president Bola Ahmed Tinubu for intervening...

FG tasks NDDC on implementation of recommendations of forensic audit

By Ogenyi Ogenyi,UyoThe Federal Government has charged the new Board of the Niget Delta Development Commission,NDDC, to ensure the full implementation of the recommendations...

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