By Adedapo Adesanya The oil market rose on Thursday after retail data in the United States prompted a sell-off in the Dollar, the trading currency for...
By Dipo Olowookere The Nigerian Exchange (NGX) Limited consolidated its gains on Thursday with a 0.58 per cent appreciation amid weak investor sentiment triggered by a...
By Modupe Gbadeyanka The House of Representatives on Thursday asked the Central Bank of Nigeria (CBN) to peg the exchange rate for customs duties below N1,000....
By Adedapo Adesanya The federal government has said there would be no need to import food items into the country amid soaring food costs. The Minister...
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has directed authorised foreign exchange (FX) traders, particularly commercial banks, from disbursing cash to customers for Business...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has stopped international oil companies (IOCs) operating in Nigeria from immediately remitting 100 per cent of their...
By Adedapo Adesanya Kogi State, which is one of Nigeria’s food-producing states, had the highest food inflation in January 2024 with prices of food rising by...
By Aduragbemi Omiyale President Bola Tinubu is holding an emergency meeting with the 36 state governors, the Minister of the Federal Capital Territory (FCT), the Inspector...
By Dipo Olowookere Despite the efforts of the Central Bank of Nigeria (CBN) to bring stability into the foreign exchange (FX) market to strengthen the Naira,...
By Adedapo Adesanya Nigeria’s headline inflation neared the 30 per cent mark as it increased by 0.98 per cent to 29.90 per cent in January 2024...