FG says 573 billion Naira payment to States a WB loan, not grant
Nigeria’s government has addressed the controversy surrounding the ₦573 billion payment to state governments, clarifying that it is a loan
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Economy
China appeals WTO against multiple EU tariffs on EVs
China has filed an appeal with the World Trade Organization against provisional European Union tariffs on Chinese electric vehicles. The
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Naira strengthens to 1596 as CBN sells $876.26m at N1,495 in retail auction
The naira gained marginally in official trading on Wednesday following the sale of $876.26 million by the Central Bank of
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Tinubu has come to office with bold solutions to historical problems, not cause hardship_ FG
Minister of Information and National Orientation, Mohammed Idris, has said the Tinubu Administration’s primary focus is not to impose hardship
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Nigeria Eurobonds loose value as #EndBadGovernance protest fester; Lagos protesters defy hoodlums’ attack, resume protest at Ojota Monday
Nigeria’s dollar bonds on Monday were on track for one of their worst days in 17 months as investors question
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Tinubu unveils ambitious plans for economy to halt nationwide protest but says no return of fuel subsidy
Nigeria’s President Bola Ahmed Tinubu has unveiled a comprehensive plan to boost economic growth, create jobs, and improve the standard
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Customs announces suspension of import duties on essential food items as food import costs soar following weak naira
The National Bureau of Statistics-NBS data has shown a consistent growth in imported food inflation since the beginning of the
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Nigeria’s President signs N70,000 per month minimum wage bill into law
President Bola Tinubu has signed the minimum wage bill into law, ending months of deliberations between government authorities, labour unions,
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Groups distancing themselves from protest are hungry people_ Adeyanju said govt has been sharing billions to frustrate the protest
Lawyer and human rights activist, Deji Adeyanju, has said that groups distancing themselves from the planned protest are hungry people
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Nigeria’s external reserves hit $37bn in July
Nigeria’s external reserves have risen to a 17-month high of $37.05 billion in July 2024 in a development likely to
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