CATEGORY
Economy
I’m Working Hard To Solve Nigeria’s Economic, Security Problems- President Tinubu
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Nigeria President Bola Tinubu says working day and night to solve Nigeria’s economic and security crisis since his assumption of office on May 29.
President...
Fuel Subsidy Removal Pushes Four Million Nigerians Into Poverty- World Bank
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The World Bank has revealed that the removal of fuel subsidy in Nigeria has resulted in the impoverishment of over four million people in...
Nigeria To Save N3.9Trillion in 2023 From FX, Fuel Reforms- World Bank
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According to World Bank lead economist for Nigeria, Alex Sienaert, Nigeria could save up to N3.9 trillion ($5.10 billion) in 2023 after reforms to...
President Tinubu Faces Tough Economic Hurdles After Reforms
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President Bola Tinubu has moved at lightning speed in his first month in office, implementing a raft of radical changes aimed at finally unleashing...
Obi Slams President Tinubu’s N8.1m Salary, Says 130m Nigerians In Poverty
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Former Governor of Anambra State and the Presidential Candidate of the Labour Party, Peter Obi, has called for the reversal of the proposed salary...
Nigeria’s Daily Fuel Consumption Falls To 41m litres from 67m
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According to a statement by the Vice President, Kashim Shettima, Nigeria’s daily fuel consumption has dropped to 41 million litres from 67 million litres...
Food Crisis: World Bank Says 64 Million Nigerians At Risk Of Hunger
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According to latest report by World Bank, almost 64 million Nigerians are at risk of falling into food crisis in the coming months.
The Bank...
Emefiele Arraigned In Court Over Misappropriation Of Funds
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Suspended Central Bank of Nigeria governor Godwin Emefiele was arraigned in court on Tuesday over criminal charges, including misappropriation of funds.
Emefiele was suspended by...
CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals
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Following the Central Bank of Nigeria (CBN) press statement of June 14, 2023, on new guidelines in the foreign exchange market, an extraordinary Bankers'...
Naira Devaluation to Boost FAAC Allocations for Cash Strapped Nigerian States
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Nigeria's 36 sub nationals or States will have more reason to smile in the coming months as the devaluation of the Naira should lead...