Nigeria’s Inflation Hits 29.90% In January 2024, Food Prices Soar
In a startling revelation, Nigeria's inflation rate surged to 29.90 per cent in January 2024, according to the latest report...
Wednesday, August 12, 2026
Business
CBN Sells Dollars To Banks After 5-Month Hiatus
The Central Bank of Nigeria (CBN) has taken a significant step toward stabilizing the naira by selling approximately $90 million...
CAC To Enforce Registration Laws on Content Creators
The Corporate Affairs Commission (CAC) has announced its intention to enforce registration laws on content creators across various social media...
Equities Market Loses N183bn in Bearish Trading Session
The local equities market yesterday reversed some of the gains from previous session as the overall capitalization lost N183 billion...
Tinubu Submits Nominees For CBN Board Directors
In a significant development, President Bola Tinubu has formally submitted a list of nominees to the Senate for the screening...
FCTA: 43 Foreign Embassies Get Ultimatum Over Outstanding Ground Rent
The Federal Capital Territory Administration (FCTA) has given 43 foreign embassies a two-week deadline to settle outstanding ground rent totaling...
Audit Exposes $4.5bn Gap In CBN’s Foreign Reserves
An audit report conducted by the Office of the Auditor-General of the Federation (OAuGF) has revealed a concerning discrepancy in...
IMF Urges CBN To Raise N2trn Through OMO Bills
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to take proactive measures to rein in...
‘8 MDAs Spend N728m On Unapproved Foreign Trips’
The Office of the Auditor-General for the Federation (OAuGF) has revealed that eight Ministries, Departments, and Agencies (MDAs) of the...
IMF Forecasts Nigeria’s Foreign Reserves To Plummet To $24bn By 2024
The International Monetary Fund (IMF) has delivered a concerning forecast regarding Nigeria's foreign reserves, predicting a significant decline to $24...
