Diesel Price Hits N1,153 per Litre in January 2024
The National Bureau of Statistics has reported a significant surge in the average retail price of diesel, rising from N828.82 in January 2023 to N1,153.01 in January 2024. This data,…
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The National Bureau of Statistics has reported a significant surge in the average retail price of diesel, rising from N828.82 in January 2023 to N1,153.01 in January 2024. This data,…
The Nigerian Federal Government is set to raise $10 billion to bolster liquidity in the foreign exchange market. This announcement comes as the naira hit a historic low of 1,850…
President Bola Tinubu reaffirms Nigeria’s commitment to hosting the African Central Bank in line with the Abuja Treaty vision. In a statement released by his Special Adviser on Media and…
Retail prices of cement in Lagos have been on a steep upward trajectory since January, escalating from approximately N6,000 to N6,500, and now exceeding N9,000 as of Thursday, according to…
The operational commencement of the Dangote refinery, valued at $20 billion, has now been initiated The production phase has commenced at the Dangote Refinery, a project with a cost of…
The Central Bank of Nigeria (CBN) has announced the dissolution of the boards and management of Union Bank, Polaris Bank, Keystone Bank, and Titan Trust Bank. The decision was conveyed…
Finance ministry secures $5.6M World Bank loan for office supplies The World Bank has given $5.6m to the Home Finance Department of Nigeria’s Ministry of Finance, Budget and National Planning…
NGX hits a historic N40 trillion market cap with the All-Share Index crossing 73,000 points The Nigerian Exchange Limited witnessed a bullish trend on Wednesday, marking a notable increase of…
For the eleventh occasion in 2023, Nigeria experiences a rise in its inflation rate, reaching 28.20%. Nigeria’s overall inflation rate has reached 28.20% for the eleventh time in 2023, according…
Foreign airlines are on the brink of exiting Nigeria’s airspace due to $792 million in stranded funds, as indicated by IATA Signs suggest that foreign airlines might soon withdraw from…