BREAKING: Naira Bounces Back, Appreciates To N470/$ In Parallel Market
The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar. The Read More
Economy
CBN Devalues Naira, Fixes Dollar Sale At N392
The Central Bank of Nigeria (CBN) has devalued the Naira by N6 to Dollar. This brings the Naira closer to the exchange rate unification Read More
BREAKING: Nigeria’s Economy Shrinks By 6.10% In Q2
For the first time in more than three years, the nation’s economy shrank in the second quarter of this year as the Gross Domestic Product Read More
Banks Begin Implementation Of New CBN Guidelines On Debt Recovery
Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding Read More
SHOCKING: Check How Much Nigeria Earned From Oil In 5 Years
Nigeria, Africa’s top oil producer, generated $206.06bn in revenue from crude oil exports in the last five years, the Organisation of Petroleum Exporting Countries has Read More
BREAKING: Ondo Uncovers N4.3bn Secret Account After 10 Years
Ondo State Government has explained how it uncovered N4.3bn kept in a secret account for more than 10 years. It was gathered that the money Read More
JUST IN: Atiku Sends Powerful Message To Buhari Over Nigeria’s Economic Situation
Nigeria’s former vice president Atiku Abubakar has advised President Muhammadu Buhari on the country’s best way out of its present economic situation after slashing the Read More
Post COVID-19: Can Nigeria Economy Be Turned Around?
The economy has been battered, human movement caged and turmoil in global stock and financial markets due to covid-19 pandemic. However, experts said the situation Read More
BREAKING: Buhari Approves Sunday Thomas As Substantive Commissioner For Insurance
President Muhammadu Buhari has approved the appointment of Mr. Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM). It will Read More
Coronavirus: Nigerians Trapped In Wuhan, China Cry Out. Say “Bring Us Home” (See Photos)
The Coronavirus cases have risen to over 17000 infections in total with 21,588 in mainland China. It should be noted too that over 361 persons Read More