The Central Bank of Nigeria (CBN), yesterday, advised Nigerians to moderate their taste for foreign goods with a view to […]
Category: Economy
Economy: Western Union, MoneyGram, others to start payment of forex remittances to Nigerians Friday — CBN
International money transfer operators (IMTOs) and commercial banks in the country have agreed to start paying beneficiaries of diaspora remittances […]
NSE: Profit-taking in blue-chip stock costs investors N46bn
Trading in the equity segment of the Nigerian Stock Exchange (NSE) on Thursday ended in the negative as sell pressure […]
N500/$1: Naira Crashes to Record Low Against Dollar
As Nigeria economy takes a down turn, the Naira exchanged N500/$1 at the parallel market on Friday, November 27, 2020, […]
Corona Virus Pandemic: Give Account of COVID-19 Donations, Court Orders CBN Governor
In an effort for an accountability and transparency , an order has been given by a court asking Governor of […]
Recession: Naira Continues to Depreciate Against Dollar
…See Latest Exchange Rate As the economic strangulation continue to weigh down the country ,the naira recorded a loss against […]
Inflation: FG to Exempt Minimum Wage Earners From Tax
Owing to the impact of inflation and economic hardship, the Federal Government has said it is planning to exempt minimum […]
CBN Announces Approved Lending Rate
The Monetary Policy Rate is now 11.5 per cent as approved by the Central Bank of Nigeria This comes after […]
Recession In The Country Caused By COVID-19 – President Buhari
In an effort to explain the economic meltdown in the country, President Muhammadu Buhari has faulted the country’s current state […]
FOREX Market: Naira Crashes To Record Low Against Dollar
The value of the naira has continued to depreciate against the dollar at the exchange rate market. According to Nairametrics, […]