Nigeria unemployment rates jump to 5.3% from 5.0% in Q1 according to NBS report
According to National Bureau of Statistics, Nigeria’s unemployment rate has jumped marginally to 5.3 per cent in Q1 2024 from
Read more
Yemi Cardoso
Tinubu once again to borrow fresh $1.7 billion World Bank loan making a total of $6.65 billion under 15 months
The Federal Government is shopping for a new $1.7 billion loan from the World Bank, with approval anticipated on September
Read more
Nigerians to begin paying 0.005% on all electronic transactions as CBN reintroduces cyber security levy
The Central Bank of Nigeria (CBN) says it will continue to enforce payment of the mandatory levy on all electronic
Read more
Nigeria is now 3rd largest debtor in World bank’s scheme with $16.5 billion debt
A financial statement published by the World Bank has placed Nigeria as the third largest debtor to the Bank’s International
Read more
CBN Governor Yemi Cardoso & deputies spend over N10 billion to buy bulletproof SUVs…. Increase allowances amidst hunger & hardship
As Nigeria goes through with excruciating economic challenges and inflation, Central Bank of Nigeria (CBN) Governor Yemi Cardoso and his
Read more
Zenith Bank to raise N290 billion fresh fresh capital to meet up CBN re-capitalization mandate
Zenith Bank Plc has finalised plans to raise about N290bn fresh capital, which is higher than the N230bn it needs
Read more
Central Bank of Nigeria to sell $20,000 dollars 1583 approved BDC at N1,450 per dollar
The Central Bank of Nigeria (CBN) has announced the approval of the sales of FX to eligible Bureau De Change
Read more
Government should protect existing businesses & manufacturers as ÇBN almost 30% interest rate is killing —-Dangote
Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost
Read more
Naira rated and emerged as the worst performing currency in 2024—Bloomberg reports
The naira has emerged as the worst-performing currency in the world in the first half of 2024. According to a
Read more
Federal high court orders final forfeiture of N12.18 billion properties linked to former ÇBN governor Emefiele
The Federal High Court sitting in Lagos on Friday ordered the final forfeiture to the Federal Government properties valued at
Read more