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World Bank list Naira among worst performing currencies in the World
According to the World Bank, the Nigerian naira is one of Africa's worst-performing currencies.
According to the…
BUA cuts down cement price to N3,500 per bag
BUA Cement PLC has announced that the price of its cement has been reduced from around N5,000 to N3,500 per bag.…
Government shuts down Access Bank operations over non-payment of tax
An Access Bank property in Oyo has reportedly been sealed by the government due to non-payment of state taxes,…
IMF advises Nigeria, others to cut budget deficit to prevent debt catastrophe
Nigeria and other Sub-Saharan African nations have been urged by the International Monetary Fund (IMF) , to cut…
What I will do to Nigeria’s GDP in 8years – CBN Gov, Cardoso
Dr. Olayemi Cardoso, the newly appointed Governor of the Central Bank of Nigeria, CBN, has revealed plans to boost…
CBN fails to pay banks $10 billion debts as Naira approaches N1,000/$
Despite pledging to pay more than $10 billion in foreign exchange commitments to Deposit Money Bank more than two…
Arrest stockpilers of Dollars – Ooni of Ife tells FG
The Federal Government has been instructed to crack down on Nigerians who stockpile US dollars.
The Ooni of Ife,…
CBN reschedules September 2023 Monetary Policy meeting
The Monetary Policy Committee's 293rd meeting, set for Monday and Tuesday, September 25 and 26, 2023, has been…
Naira devalues to 980/$ amid constraint
Nigeria's currency, the Naira, has continued to fall in value after trading at 980/$ in the parallel market on…
Nigeria’s revenue is in crisis – FIRS boss Zacch Adedeji
Dr. Zacch Adedeji, the new chairman of the Federal Inland Revenue Service, says the country is in a revenue crisis…