As Nigerians continue to face difficulties in able to access the new naira note, it’s expedient for the president of the federation to address the citizens. Before the broadcast by President Muhamma...
In the face of adverse conditions, Nigerian companies have successfully defied economic challenges and achieved remarkable financial results. Despite encountering high inflation and sluggish economic ...
For the past weeks, Nigerians have been complaining about the rising cost of living which surpassed their monthly salaries in the respective workplace. The cost of living tripled after the passage of ...
On Thursday, it was reported that the naira appreciated a little against the United States dollar at the Nigerian Autonomous Foreign Exchange Market to close at N1,498.25/$ from N1,503.38/$ that was r...
Treasury Bills are a type of debt instrument issued by CBN on behalf of the government to raise funds for spending. Treasury notes are another tool the CBN employs in its efforts to manage the economy...
Nigerian Breweries Plc, which recently released its 2023 results on performance and earnings, said that this is the worst record seen in over ten years. The Company said that this was due to the unifi...
The Central Bank of Nigeria (CBN) has increased the benchmark interest rate by 200 basis points to 24.75%. This was made at the recent Monetary Policy Committee (MPC).This was made during the Tuesday ...
On Thursday, the Minister of Finance, Wale Edun, stated that the fiscal authority is complementing the efforts of the Central Bank to ensure the stability of the economy through the issuance of N8 tri...
Bloomberg reported on Thursday that Dangote Refinery has been shipping products as it prepares two units for petrol (petrol) output, which will transform the fuel market in Nigeria and the surrounding...
In April 2024, statistics revealed that investors in the Nigerian Exchange Limited (NGX) stock market segment suffered losses of over N3.6 trillion due to the CBN's attractive yields on Nigerian Treas...