Investors lose N479b as economy struggles against elections burden
Uncertainty in the political space has triggered panic sell off of the equities at the Nigerian Exchange Limited (NGX) causing…
FG rakes in N10tn VAT under Buhari – NBS
The Federal Government has raked in N10.1tn from the collection of Value Added Tax under the regime of the President…
Cash crunch: Food, nutrition crises loom in 26 states, FCT – FAO
About 24.8 million Nigerians in 26 states and the FCT could experience acute nutrition and food crisis between June and…
Manufacturers’ sales dip 25% on cash crunch
The Manufacturers Association of Nigeria (MAN) has cried out that the currency redesign policy and the attendant scarcity of the…
Inflation in Nigeria rises to 21.9%, private sector blames naira crisis
Headline inflation in Nigeria rose to 21.91 per cent in February amid a naira redesign policy that was meant to…
Naira redesign will contract Nigeria’s GDP by N10trn in Q1 2023, says Ex-NBS boss
Oyeyemi Kale, former Statistician-General of the Federation, says Nigeria’s gross domestic product (GDP) would contract in the first quarter (Q1)…
Former CBN Deputy Governor faults implementation of naira redesign
A former Central Bank of Nigeria’s Deputy Governor, Kingsley Moghalu, has expressed dissatisfaction over the series of crises created by…
ePayments down 4.8% in February amid unresolved failed transactions
Contrary to claims that the Central Bank of Nigeria (CBN) policy on naira redesign will deepen electronic transactions in the…
Naira scarcity: Online banking transactions to hit double figures in H1 2023
Amid biting naira scarcity, economic experts have projected that the rate of online banking transactions done by Nigerians would hit…
NBA urges Buhari to comply with Supreme Court judgment on old N1,000, N500 notes
The Nigerian Bar Association (NBA) has asked President Muhammadu Buhari to immediately direct compliance with the terms of the order…