The newly proposed Economic Stabilisation Bills (ESBs) in Nigeria, recently approved by the Federal Executive Council (FEC), mark a significant step towards addressing the nation’s fiscal...
The Centre for the Promotion of Private Enterprise (CPPE) has condemned the Central Bank of Nigeria’s (CBN) recent interest rate hike, saying it will harm investment...
In a surprising move, the Central Bank of Nigeria (CBN) raised its Monetary Policy Rate (MPR) by 50 basis points to 27.25%, standing out against the...
The Central Bank of Nigeria (CBN) has announced plans to inject N1.4 trillion into the banking system over the next three months to improve cash flow...
The National Bureau of Statistics (NBS) has reported that Nigeria’s unemployment rate increased to 5.3% in the first quarter (Q1) of 2024, a 0.3% rise from...
The Central Bank of Nigeria (CBN) raised its benchmark lending rate to 27.25 per cent from 26.75 per cent on Tuesday, in a continued effort to...
Billionaire industrialist Aliko Dangote, CEO of Dangote Refinery and Petrochemical Plants, revealed that the refinery sold Premium Motor Spirit (PMS), commonly known as petrol, to the...
The naira opened the week with a sharp decline, losing N21 against the U.S. dollar at the official market on Monday, September 23, 2024....
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 113 pips to 7.0531 against the dollar on Monday. This is according to...
See percentage price of kerosene per litre across Nigeria as at August 2024. Details below. 🇳🇬KEROSENE PRICE PER LITRE – YoY August 2024 1 🔴Kano: 115.69%...