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Inflation rate hits 29.90% in January amid rising food prices
Nigeria’s inflation increased to 29.90 per cent in January 2024 from 28.92 per cent recorded in December 2023 amid rising food prices.
The National Bureau...
PTDF: Court Quashes Allegations of Financial Crimes Against Ex Director, Yusuf Hamisu
A High Court sitting in Kubwa, Abuja has quashed allegations of financial crimes against Dr. Yusuf Hamisu Abubakar (Mirago), a former Executive Secretary of...
CBN Gov Laments: Conflict, natural disasters threatening countries’ financial stability
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has said that conflict and natural disasters have put countries’ financial stability at...
Hardships: Nigeria’s Inflation Rate Will Drop To 21% In 2024, Says CBN Gov
Amid the rising prices of foodstuff and other commodities in the market, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has...
Crisis rocks First Bank of Nigeria As Former Chairman, Oba Otudeko fingered
The appointment of Gbenga Shobo as the new managing director of FirstBank of Nigeria Limited has triggered controversy.
Mr Shobo was announced earlier today as...
FG Moves To Suspend Removal of Fuel Subsidy, As Lawan Urges NLC, TUC to...
President of the Senate, Ahmad Lawan, has urged the Nigerian Labour Congress and the Trade Union Congress to abort the planned protests against the...
Panic As Dollar Breaks N900/$ Ceiling, Heads to N950/$ at Alternative Markets
Naira crashed to as low as N910/$, yesterday, at the parallel market as the market switched to a panic mood. With the local currency...
JUST IN: FCT residents loot NEMA warehouse over economic hardship
Some residents of the Federal Capital Territory on Sunday looted a warehouse reportedly belonging to the National Emergency Management Agency of Nigeria over the...
P/Harcourt Refinery Will Kickstart Operations In Two Weeks – Mele Kyari
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the Port Harcourt refinery will commence operations in...
[JUST IN] Banditry: NRC Suspends Abuja-Kaduna Train Services
The Nigeria Railway Corporation (NRC) has indefinitely suspended train services along Abuja-Kaduna following attack by bandits on Thursday.
The NRC's managing director, Engr. Fidet Okhiria...