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Minister Summons Emergency Meeting Over Epileptic Power Supply

The Minister of Power Engr. Abubakar D. Aliyu is holding an emergency meeting with all the stakeholders in the power sector to address the...

How Nigeria’s Economy Has Performed From 1999-2021

HOW NIGERIA'S ECONOMY HAS PERFORMED FROM 1999 I - BY ADMINISTRATION: × OBJ: 1999-2007 × YAR: 2007-2010 × GEJ: 2010-2015 × PMB: 2015-2020 II - BY MAIN SECTORS × Agriculture × Industry ×...

IMF sees Naira depreciating by 35% to N2,081/$1 in official market, Inflation Rate Peaking...

The International Monetary Fund (IMF) has warned that the exchange rate of the Naira may further depreciate by about 35 percent this year, adding...

RELIEF As CBN Obeys S’Court, Okays Old N200, N500, N1000 Notes As Legal Tender...

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to comply with the Supreme Court’s judgement of March 3, which revalidated the...

CBN Directs Commercial Banks To Operate On Weekend, Releases Cash

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of...

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...

Folarin Congratulates New Acting CJN Ariwoola, Charges Him To Uphold Rules of Law

The 2023 governorship candidate of the All Progressives Congress (APC) in Oyo State and lawmaker representing Oyo Central senatorial district, Senator Teslim Folarin has...

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...

[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...

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...
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