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Economy
4 million more Nigerians pushed into poverty in first 6 months of 2023, 7.1m more…
The World Bank has disclosed that four million Nigerians were pushed into poverty in the…
World Bank approves $500m loan for Nigeria
The World Bank has approved the sum of $500m Federal Government loan request to help Nigeria…
Naira devaluation pushes up vehicles duties by 40%
•Customs raise exchange rate from N422/$ to N589/$, operators kick as import duties jump…
President Bola Tinubu meets the President of the European Bank for Reconstruction…
President Bola Ahmed Tinubu (GCFR) who is currently in Paris for the the New Global Finance Pact, today…
Inflation rose 67 times under Emefiele, says report
Suspended CBN Governor, Godwin Emefiele
Nigeria’s inflation rate rose not less than…
CBN to allow $10k withdrawals daily as it lifts cash deposit restrictions on…
The Central Bank of Nigeria (CBN) has announced that cash deposits into domiciliary…
Naira appreciates and closes at 663/$ at I&E window
The Naira on Friday, June 16, closed at N663 to the dollar at the Investors and Exporters (I&E) window.…
Naira weakens to 702/$, CBN fresh FX supply likely major cause
Central Bank of Nigeria building
The naira traded at 702.19/dollar at the…
Nigeria’s inflation rate rises to 22.41%
Nigeria's inflation has risen to 22.41%, a new record high of close to two decades.
A…
Naira to trade ‘freely’ against Dollar as CBN reportedly grants banks freedom to…
In line with President Bola Tinubu's promise to unify the multiple exchange rate in the…