Sunday, June 21, 2026
Nigeria experiences highest inflation in 19 months
The nation’s inflation rate rose to 11.85 per cent in November, its highest level since May 2018, a new report...
Read moreDetailsSenate will pass Buhari’s $29.96bn loan request, says Lawan
Ahmad Lawan, president of the senate, on Monday, confirmed that the red chamber would approve the $29.96bn loan request of...
Read moreDetailsNigeria has lost $400bn to foreign havens, says Malami
Nigeria has lost over $400bn to offshore havens, said Abubakar Malami, the attorney-general of the federation and minister of justice...
Read moreDetailsForeign reserves drop by $558.68m in two weeks
The country’s foreign exchange reserves continued its downward trend as it dropped from $39.8bn on November 11 to $39.24bn on...
Read moreDetailsRefineries lost N111bn in nine months, says NNPC
The three refineries owned by the federal government lost a total of N111.27bn from January to September this year, the...
Read moreDetailsFuel consumption hits 67.66 million litres/day, subsidy gulps N10.1bn
The average daily consumption of petrol has hit 67.66 million litres, indicating an increase of 33.89 million litres when compared...
Read moreDetailsLending, Deposit Rates Crashing on the Back of CBN’s OMO Policy
The decision by the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, to completely prohibit individuals and local firms...
Read moreDetailsBuhari may sign 2020 budget on Tuesday
Barring any last-minute change, President Muhammadu Buhari is billed to assent to the 2020 Appropriation Bill on Tuesday. National Assembly...
Read moreDetailsCBN’s intervention war chest holds N317bn in reserves
By Moses Obajemu Apex bank cooking up new strategies for 2020 Targets remain critical sectors driving growth ...
Read moreDetailsGhana emerges as Nigeria’s biggest trade partner for the first time
Ghana emerges as Nigeria’s biggest export destination for the first time following border closure by the Federal Government according...
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