UPDATE: PRICE OF 5KG COOKING GAS RISES TO N6,699 IN SEPTEMBER – NBS
According to the National Bureau of Statistics (NBS), the average price of 5 kg of cooking gas has grown from 6,430.02 in August to N6,699.63...
‘WE ARE STILL WITHIN LIMIT’, SANWO-OLU DISMISSES LAGOS DEBT WORRIES
The Lagos State Governor, Babajide Sanwo-Olu, has dismissed worries in some quarters over the rising debt profile of the state, saying that Lagos is still...
FG GIVES APPROVAL FOR MARKETERS TO START LIFTING OF PMS FROM DANGOTE REFINERY
The Federal Government has given marketers permission to begin lifting premium motor spirit, also known as petrol, from the Dangote Refinery without going through the...
NIGERIA AT 64: WE ARE WINNING THE WAR ON TERROR & BANDITRY – TINUBU
President Bola Ahmed Tinubu has assured Nigerians that his administration is winning the war on terrorism and banditry. Tinubu stated this in a nationwide address...
NIGERIA @ 64: THE FIGHT FOR ECONOMIC STABILIZATION
As Nigeria celebrates its 64th Independence Day, reflections on the nation’s economic journey reveal a complex landscape of both achievements and ongoing challenges. The Lagos...
FX CHANGE: CBN ANNOUNCES SALE OF $20,000 TO EACH BDC AT N1,590/$
The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each of the eligible Bureau De Change (BDC) operators in the country...
FOREIGN EXCHANGE: EXTERNAL RESERVES HIT 22-MONTH HIGH TO $37.31 BILLION – CBN
Nigeria's external reserves have reached a 22-month high of $37.31 billion, indicating considerable foreign inflows into the country's economy. According to data from the Central...
CBN CLARIFIES CONTROVERSY REGARDING EXCHANGE POLICY GUIDELINES FOR FISCAL YEARS 2024-2025 DOCUMENT
The Central Bank of Nigeria has clarified the Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines For Fiscal Years 2024-2025 document, which was issued on...
JUST IN: CBN INSISTS ON 5% WAYS AND MEANS CAP
For the 2024–2025 fiscal years, the Central Bank of Nigeria (CBN) has decided to keep the cap on Ways and Means Advances to the Federal...
WITHOUT ECONOMIC LIBERATION, AFRICA WOULD NOT PROGRESS – OBASANJO
Olusegun Obasanjo, the former president of Nigeria, urged African nations to combine their resources in order to forge closer economic links across the continent on...