Naira falls to N1,740 in parallel market as forex scarcity worsens
There are indications that the local currency is set to fully…
Power outages, costly petroleum products could lead to increased poverty – Peter Obi
Peter Obi, presidential candidate of the Labour Party in the 2023…
NLC slams IMF for fuel subsidy removal denial
The Nigeria Labour Congress has criticised the International Monetary Fund for…
CBN holds talks with IMTOs to raise remittance inflows to $1bn monthly
The Central Bank of Nigeria (CBN) says it engaged leading international…
IMF applauds Nigeria’s economic reforms, says they’ll unlock investments, growth
The International Monetary Fund (IMF) has applauded the economic reforms implemented…
IMF downgrades Nigeria’s growth forcast to 2.9%
The International Monetary Fund (IMF) has downgraded Nigeria’s growth prospects for…
Over 50% of Nigeria’s population live in poverty, says World Bank
The World Bank says more than half of Nigeria’s population lives in…
Adesina deplores Nigeria’s poverty rate, proffers solution to country’s economic woes
President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has…
Payment of taxes in foreign currency pressuring naira, businesses – Oyedele
Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms…
Inflation can’t be tamed without resolving security, forex issues – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) says the…