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The Naira depreciated to N1,600 per dollar in the Nigerian Foreign Exchange Market (NFEM) today after three months of being on the N1,500 per dollar threshold....
President Bola Tinubu’s Special Adviser on Economic Affairs, Dr Tope Fasua, has defended the value of the naira locally despite its weakness against the dollar, saying...
Experts at investment house Afrinvest have asserted that Nigeria’s debt profile requires immediate action to forestall further deterioration. This was stated in their latest macroeconomic update...
The Organisation of the Petroleum Exporting Countries says the Dangote Petroleum Refinery and its efforts to ramp up Premium Motor Spirit (petrol) production are impacting the...
The Ooni of Ife, Oba Adeyeye Ogunwusi Ojaja II, has said that there is ‘No reason Nigeria should be a poor Nation.” The monarch also emphasised...
As Christmas approaches, rising inflation threatens to dim the festive cheer for many Nigerians grappling with economic hardships. The cost of celebrating Christmas in Nigeria has...
A former Minister of Aviation, Chief Osita Chidoka, has said the South-East has lost an estimated N17.4 trillion in the past 29 years due to the...
