Finance

More Pressure On Naira Ahead Possible Interest Rate Hike

Financial experts have said there are concerns that the Central Bank of Nigeria (CBN) low net FX reserves and the defense of the naira sparked risk-off sentiments amongst foreign investors…

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Nigerians Bicker Over New Telecoms Tariff Hike

Nigerians have vowed to drag the federal government to court over approval of a 50 percent increase in calls, data,…

Why South West Governors Should Prioritise Interstate Speedrail Project – Prophet Olu-Alo

The Planter of Grace of Mercy Prayer Mountain Worldwide, Prophet Sam Olu-Alo, has called on the Governors of the Southwest…

Adamimogo 93.1FM, Lagos Celebrates Second Anniversary, Pledges Greater Public Impact

Adamimogo Communications Nigeria, operators of Adamimogo 93.1FM in Lagos, 105.1FM in Ibadan, and 107.7FM in Ekiti, has reaffirmed its commitment…

Ondo Elections: CTA Urges INEC, Security Agencies to Tackle Vote Buying, Complicity Officials

The Centre for Transparency Advocacy (CTA) has reiterated the urgent need for the Independent National Electoral Commission (INEC) and security…

CBN reduces cybersecurity levy to 0.005% on electronic transactions

The Central Bank of Nigeria has reduced the cybersecurity levy on electronic transactions from 0.5 per cent to 0.005 per…

Naira appreciates 0.6% against dollar at official market

The Naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar. Data from the official trading…

Global stock markets plunge on US recession fears

Wall Street stocks deepened their losses Monday and Tokyo had its worst day in 13 years as panic spread across…

Foreign education forex allocation tumbles 83% — CBN

Nigerians spent $38.17m on foreign education between January and March 2024, according to data from the Central Bank of Nigeria’s…