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The naira fell further on Tuesday as it exchanged for the dollar at the parallel market between 1,005/$ and 1,025/$. Owners of small-scale enterprises, Nigeria Employers’...
The Pandemic Recovery Survey carried out by the Institute for Health Metrics and Evaluation, the Ludwig-Maximilians-Universität in Munich, the University of Maryland, and Meta showed that...
The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said. It noted that the currency weakened by nearly 40 per cent...
•Access, Fidelity, Zenith lend states N46bn in six months as govs battle poor IGR •Fiscal Responsibility Commission issues guidelines to banks on lending to states, MDAs...
The new Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said he will prioritize clearing the apex bank’s backlog of unsettled foreign exchange obligations...
The Dangote Petroleum Refinery is currently importing crude oil and expects its first crude cargo in two weeks’ time, the Executive Director, Dangote Group, Devakumar Edwin,...
The rise in the cost of crude oil, coupled with the depreciation of the naira against the United States dollar, might lead to a hike in...
•How CBN loans to FG, new debts, promissory notes raise public debt by N37tn between April and June •Tinubu’s reforms will improve debt sustainability, DMO assures...
…says Nigeria experienced economic development during Jonathan’s administration A former Governor of Ekiti State, Dr. Kayode Fayemi, on Tuesday, said the protest that trailed the fuel...
The Federal Government’s expenditure exceeded revenue by N1.43tn in the first three months of 2023, according to figures obtained from the Central Bank of Nigeria. The...
