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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...

CBN governor harps on free fall of the Naira

… To introduce new notes to discourage hoardingThe Central Bank Governor, Mr. Godwin Emefiele has lamented the unfortunate situations that have befallen Nigeria, the...

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,...

BREAKING: Inflation Hits 20.77%, Highest in 17 Years

The Consumer Price Index (CPI) which measures the rate of change in prices of goods rose to 20.77 per cent year–on-year in September compared...

Naira Loses value, depreciates by 0.46%

The naira on Tuesday exchanged at N441.17 to the dollar at the investors and exporters window, a depreciation of 0.46per cent, compared with N439.17...

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