Naira gains N96.60 after CBN sells dollars to impact price stability, liquidity, functioning market
The naira on Monday recorded gains over the dollar across official foreign exchange (FX) markets, following dollar sales to authorised
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Economy
Nigeria’s oil trades below $90 given China’s economic downturn
Nigeria’s Brass River, Bonny Light, and Qua Iboe crude oils are trading below $90 per barrel, yet they remain higher
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LG Autonomy: States’ retention of LG’s federation funds unconstitutional, Supreme Court says in judgement
A seven-man panel of the Supreme Court on Thursday held that it was unconstitutional for states to retain and use
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Nigeria’s foreign reserves climbs to $34.7 billion as Naira gains
Nigeria’s foreign exchange reserves is now $34.7 billion, according to data obtained from the Central Bank of Nigeria’s website. This
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Naira gains 0.70 % on official market as trading week close
Nigeria’s naira on Friday gained 0.70 percent at the official Foreign Exchange (FX) market as the five days trading week
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ECOWAS set to unveil single currency, ECO meant to foster economic integration, others
The ECOWAS single currency initiative is set to be unveiled after Finance Ministers and Central Bank Governors from the 15
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Edun says FG paid $700m debt owed 420 national development agencies; Senate laments woefull performance of 2024 capital budget
Wale Edun, Minister of Finance and Coordinating Minister of the Economy, on Wednesday said the federal is up to date
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“Don’t repeat Buhari’s mistakes, reshuffle your cabinet” _ Shehu Sani tell Tinubu
Shehu Sani, a former Kaduna senator, has appealed to President Bola Tinubu to learn from the past and avoid repeating
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FG cautioned on borrowings, says debt may hit N150trn by 2024 ending _ Obi
Peter Obi, a former presidential candidate, has warned that Nigeria’s accumulated debt profile may surpass N150 trillion by the end
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Tinubu rolls out N1trillion fiscal stimulus for rail, agric, social relief as NEC keep silent on minimum wage
President Bola Tinubu on Thursday attended the meeting with the 36 state Governors constitutionally presided over by the Vice President.
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