The accruals to the three tiers of government from the Federation Account Allocation Committee (FAAC), stabilised to N640.31 billion in February, 2021, after a major leap...
The World Bank has revealed that an estimated 7 million Nigerians were pushed below the poverty line in 2020. This was contained in a press statement...
Inflation rate has declined for the second time running in 20 months – The consumer price index which measures inflation dropped for the second consecutive and...
The Central Bank of Nigeria (CBN) has agreed in principle to mint The Gambian Dalasi. CBN Governor, Mr. Godwin Emefiele, agreed to the currency minting proposal...
Weeks after announcing an impending increase in the cost of bread, biscuits and bakeries by 30 percent, the Association of Master Bakers and Caterers of Nigeria...
The Central Bank of Nigeria (CBN) has announced the increase of foreign exchange (forex) allocations to banks to meet the requests of customers, particularly travellers, seeking...
The apex Igbo socio-cultural organisation, Ohanaeze Ndigbo, has alleged that there are conspiracies against the South-Eastern region by ’those who want to destabilise the region’. In...
Onions sellers in the northern region have withhold selling onions to the south-east until further notice, the BBC reports. The development happened after suspected members of...
Nigeria’s minister of transportation, Rotimi Amaechi has highlighted the importance of the Kano-Kaduna rail project to the country’s economic development. According to him, because of the...
The Association of Master Bakers and Caterers of Nigeria (AMBCN) has directed its members to increase prices of bread, biscuits and bakeries by 30 percent, citing...
The Kano State Hisbah Board says it has confiscated 8,400 bottles of beer in Dawakin Kudu and Kura Local Government Areas. The Commander-General of the board,...
The Central Bank of Nigeria (CBN) has officially adopted the Nigerian autonomous foreign exchange (NAFEX) rate — weakening the naira by 8 percent to N410.25/$1 according...