Federal Government Initiates Emergency Food Intervention to Alleviate Soaring Prices
The Federal Government has pledged to release food supplies from the National Food Reserves as part of its strategy to...
Business
Labour Unions Protest Against NAFDAC’s Ban on Sachet Alcohol, Cite Job Losses and Economic Strain
Trade Union Council (TUC), Food, Beverage and Tobacco Senior Staff Association (FOBTOB), and National Union of Food Beverages and Tobacco...
CBN’s Interest Rate Move Aims to Tackle Inflation and Naira Depreciation
The 364-day treasury bills stop rates in Nigeria surged to 19% per annum, marking a clear shift towards a hawkish...
World Bank Projects Crisis Food Security in Seven Nigerian States Due to Insecurity and Armed Conflicts
The latest Food Security report by the World Bank has highlighted the precarious situation facing several states in Nigeria, particularly...
CBN Governor, Budget and Finance Ministers, Address House of Representatives on Economic Challenges
Finance Minister Wale Edun and Budget Minister Atiku Bagudu have offered reassurances to Nigerians that President Bola Tinubu is actively...
Foreign Investors Show Renewed Interest in Nigeria’s Market – CBN Governor
In a significant development for Nigeria's economy, Governor Yemi Cardoso of the Central Bank of Nigeria (CBN) has revealed that...
Tope Fasua Urges Tough Action Against Nigerian Commercial Banks for Sabotaging Economy
Tope Fasua, an economist and appointee of President Bola Tinubu's government, has raised concerns about the conduct of commercial banks...
CBN Denunciation of $30 Billion Domiciliary Deposit Conversion Plans Sparks Debate on Forex Policy Transparency
The Federal Government and the Central Bank of Nigeria (CBN) have refuted claims of plans to convert $30 billion domiciliary...
Fire Engulfs Amarata Community in Bayelsa, Causes Millions in Damages
A devastating fire broke out in Amarata Community, Yenagoa Local Government Area of Bayelsa, causing extensive damage to property and...
IPMAN Urges Governor Soludo to Settle Outstanding N900 Million Debt for Diesel Supply
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on Governor Chukwuma Soludo of Anambra State to settle a...
