The Nigerian naira continued its downward trajectory against the British pound sterling, breaking through the ₦2,180 barrier to trade at ₦2,188/£1 on the black market as...
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms (PFPTRC), Mr. Taiwo Oyedele, has clarified that Nigeria’s Finance Act will become obsolete once...
In a decisive effort to address Nigeria’s chronic electricity challenges, the House of Representatives has mandated a N500 billion recapitalization for electricity distribution companies (DisCos). This...
The United Kingdom’s consumer price index (CPI) surged to 2.3% in October, up from 1.7% in September, according to data from the UK Office for National...
President Bola Tinubu has secured approval for a fresh $2.2 billion loan, raising debates over its potential to address fiscal challenges or deepen Nigeria’s...
Statistics South Africa on Wednesday said South Africa’s inflation rate dropped in October to its lowest level since the peak of the COVID pandemic. Statistics South...
The Central Bank of Nigeria (CBN) has firmly refuted circulating claims that it is obstructing the transfer of foreign currency into Nigerians’ accounts. In an official...
The Nigerian naira continues to face formidable challenges in the unofficial currency market, trading as low as N1,750/$ during midweek trading in Lagos, Nigeria’s financial center....
The Federal Government of Nigeria is set to prioritize debt servicing over capital expenditure between 2025 and 2027, according to the newly approved 2025–2027 Medium-Term Expenditure...
The Nigerian Communications Commission (NCC) is set to introduce a dedicated role of Corporate Officers within telecommunications companies to ensure full compliance with Nigeria’s Code of...