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Dangote targets 300,000 fresh jobs for Nigerians

Africa's richest industrialist Aliko Dangote is optimistic that the new multi-billion naira investment in the sugar sub-sector would create no fewer than 300,000 jobs.A...

CBN Raises Interest Rate to 16.5% To Battle Inflation

The Central Bank of Nigeria, CBN has raised its interest rate to 16.5 per cent in a bullish move to stymie rising inflation and...

Again, Nigeria’s position drops on OPEC production list

Nigeria now ranks seventh on Organisation of the Petroleum Exporting Countries’ crude oil production list, according to the organisation’s Monthly Oil Market Report for...

BREAKING: Senate Approves CBN Plan to Redesign Naira Notes

The Senate has resolved to provide legislative support to the Central Bank of Nigeria (CBN) for the redesign of the N1,000, N500 and N200...

Under Buhari’s administration, CBN releases $3.5bn for foreign education

Data obtained from the website of the Central Bank of Nigeria on Sunday revealed that Nigeria’s educational sector suffered massive capital flight during the...

JUST IN: Dollar Crashes Further Against Naira

The United State Dollar on Friday continued it’s free fall against the Naira which is now exchanging for 704 Naira to a Dollar.This is...

Naira Now Among Worst Performing Currencies Globally, Report Reveals

While officially, Nigeria’s naira can be said to be doing well this year, down just 4 per cent against a strong US dollar, ahead...

Adesina Calls for Transparency in Public Loan Management

The President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina has called for more transparency, accountability and efficiency in the management of public...

Reason Why OPEC+ Cutdown Nigeria’s Oil Production – FG

The Federal Government says the decision of the Organisation of Petroleum Exporting Countries (OPEC+) to cut Nigeria’s crude oil production downward by two million...

N3.36tn Allocated For Fuel Subsidy In 2023 as Debt Profile Hits $102bn – Finance Minister

The Federal Government says N3.36tn has been allocated for fuel subsidy in 2023 as Nigeria’s debt profile hits $102bn.The Minister of Finance, Zainab Ahmed,...

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