Naira Collapses To N1,700 Per Dollar At Parallel Market, Lowest In Seven Months
The naira depreciated to N1,700 per dollar in the parallel foreign exchange (FX) market on Friday. This marked a 1.49 percent decline from the previous...
Despite Worsening Hunger, Hardship, CBN Governor Cardoso Raises Interest Rate To 27.25%
The Central Bank of Nigeria (CBN) has once again raised its Monetary Policy Rate (MPR), this time to 27.25%. The decision was announced during the...
‘No Electricity.. Share Rice, No Fuel.. Share Rice, Bad Governance.. Share Rice, Floods.. Share Rice, High Electricity Tariffs.. Share Rice, At Least Add Beans’ – Frustrated Nigerians React To News Of Another Round Of Rice Distribution By President Tinubu
Many Nigerians have expressed frustration over the federal government’s frequent distribution of rice as a primary solution to the country’s economic challenges. Since the current...
“We Are Very Proud Of Your Uncommon Achievements”, Igbo Youths Hail Tinubu For Increasing Fuel Pump Price, Others
Ohanaeze Ndigbo Youth Worldwide has expressed optimism that the recent petrol price hike will soon change for the better following the economic policies being implemented...
Fuel Prices Determined By Global Market Forces, Dangote Refinery Is Free To Fix Prices – NNPC
The Nigerian National Petroleum Company Limited (NNPCL) has clarified that the current price of Premium Motor Spirit (PMS), commonly referred to as fuel in Nigeria,...
Nigerians May End Up Buying Fuel N5000 Per Litre Under Tinubu’s Government – NLC
The Nigeria Labour Congress (NLC) has expressed serious concerns that petrol prices in Nigeria could potentially rise to as much as N5,000 per litre. This...
Tinubu Is Not Responsible For The Shutdown Of 800 Companies In 2023 – Minister Of Finance, Wale Edun Tells Nigerians
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, clarified that President Tinubu’s administration was not to blame for the economic conditions...
Nigerians Importers Groan As Naira Falls To N1,620 Per Dollar At Parallel Market
Naira, on Monday, depreciated to N1,620/$ at the parallel section of the foreign exchange market. The figure represents N20 or 1.25 percent depreciation compared...
Nigerian Government Lied, No Discussion About $10 billion Fines; We Won’t Pay Ransom Or Damages If Asked – Binance
Binance Holdings Ltd said on Friday that it was not in any talks with the Nigerian government about potentially paying up to $10 billion in...
JUST IN: CBN To Clear Remaining FX Backlog In The Next Few Days – Cardoso Promise Nigerians
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso has stated that the remainder of the bank’s FX backlogs will be cleared...