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Thursday, December 1, 2022
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CATEGORY

Economy

Nigeria’s October Inflation Hits Record 21.09%, Highest In 17 years

Nigeria’s inflation rate for October 2022 jumped to a 17-year high of 21.09%, representing a 0.32% point increase from 20.77% recorded in September. Food inflation...

I Will Eliminate Multiple Exchange Rates, Privatise Refineries – Atiku

The Presidential candidate of the People's Democratic Party (PDP) Atiku Abubakar has said he will eliminate multiple exchange rates, if elected. "We must also support...

Naira Appreciates to N710 Per Dollar at Parallel Market

The naira has sustained its momentum at the parallel market, appreciating N710 per dollar in Lagos on Friday. The development represents N80 gain compared to...

At Alaghodaro Investment Summit, Obaseki Sets N60bn Revenue target for 2023

…as Ighodalo, Igiehon, others see economic boom in Edo with Benin Enterprise Park, Cultural District, Ossiomo Power, others The Edo State Governor, Mr. Godwin Obaseki,...

FIRS Appoints MTN, Airtel, Commercial Banks To Collect VAT

MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service (FIRS) to withhold Value Added...

Ghanaians Demand President Akufo-Addo To Step Down Over Economic Crisis

Over 1,000 protesters marched through Ghana's capital Accra on Saturday, calling for the resignation of President Nana Akufo-Addo amid an economic crisis that has...

Nigeria’s 2023 Budget Assumptions are Fantasy in the Making

Just as a young girl named Alice falls through a rabbit hole into a fantasy world of anthropomorphic creatures, Nigeria’s 2023 budget assumptions are...

CBN Has My Backing On Redesigning Of Naira Notes – Buhari

President Muhammadu Buhari says he is fully in support of the Central Bank of Nigeria (CBN)’s move to redesign the naira notes. The CBN had...

Buhari Approved Naira Redesign, CBN Replies Finance Minister

The Central Bank of Nigeria (CBN) has said it followed due process as far as redesigning three series of the naira is concerned. Spokesman of...

CBN Didn’t Consult Finance Ministry On Redesign Of Naira Notes – Zainab Ahmed

The Minister of Finance, Zainab Ahmed, on Friday said the Central Bank of Nigeria did not consult her ministry before taking the decision to...

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