Business & Economy
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Again, investors frustrate FG’s plan to borrow N225bn
For the second consecutive month investors frustrated plans by the Federal Government to borrow N225 billion
Read moreNigeria’s Food Inflation exceeds 22% as prices continue to rise
Nigeria's Food inflation exceeded 22 per cent in July, the first time since February last year driven by continuous increase...
Read moreWorsening Finances: FG, NPA struggle to recover $753m debt from 18 terminal operators
The Federal Government through the Nigeria Ports Authority, NPA, is struggling to recover $753 million and N1.61 billion owed by...
Read moreNaira depreciation: Nigeria to record highest inflation rate in 16yrs -Financial Derivatives Company
Following the unprecedented depreciation of the naira to N710 per dollar in July, Nigeria will record the inflation rate of...
Read moreNigeria’s mining sector records 25.3m tons increase in production
Nigeria’s mining sector recorded a 25.3 million tons increase in production in 2021, with Limestone, Granite, and Laterite as the...
Read more2023 Elections: We won’t allow politicians convert naira to dollars-CBN
The Central Bank of Nigeria, CBN, has said it will now allow politicians to convert the Naira from their accounts...
Read moreBanks suffer 11% reduction in new loans as customers resist interest rate hike
Nigerian banks suffered an 11% reduction in new loans as customers resisted the upward review of maximum lending rates...
Read moreNaira sinks to N615/$ as foreign investors worry over dollar scarcity
Foreign investors are worried over continued scarcity of dollars in Nigeria even as the naira today depreciated to N615 per...
Read moreSenate probes Shell over Joint Venture breach, seeks $200m refund to FG
The Senate has commenced investigation to investigate Shell Petroleum Development Company (SPDC) over non-compliance with the Petroleum Act and breach...
Read more2.7m Nigerians pay N5.7bn for rail transport in 2021-NBS
More Nigerians are now travelling by rail as the number of rail transport passengers rose by 166 per cent to...
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