The Nigerian banking system will now allow cryptocurrency transactions after the Central Bank of Nigeria (CBN) lifted the ban that was imposed two years ago. In...
The current scarcity of the Naira has prompted the Federal Government to issue an apology to Nigerians. The Minister of Information and National Orientation, Mohammed Idris,...
Jim Obazee, the special investigator assigned to the investigation, indicted former governor of the Central Bank of Nigeria, Godwin Emefiele, on the N22.7 trillion Ways and...
Regarding the registration status of certain items that are in circulation, the National Agency for Food and Drug Administration and Control, or NAFDAC, has clarified matters....
The Central Bank of Nigeria (CBN) has issued a warning against the collaboration between Deposit Money Banks (DMBs) and Point-Of-Sale (PoS) operators, as the scarcity of...
The Port Harcourt Refining Company in Rivers State has resumed operations in accordance with the Federal Government’s commitment to producing refined products at the facility by...
According to the National Bureau of Statistics’ (NBS) recently revised methodology, the unemployment rate in Nigeria increased to 4.2 percent in the second quarter of 2023....
As promised by the federal government, the Port Harcourt Refining Company in Rivers State has reopened and will be producing refined products by December 2023. The...
In the third quarter of 2023, Nigeria’s overall public debt increased slightly, from 0.61 percent to N87.91 trillion, quarter over quarter. New debt stock data from...
Again, due to economic hardship, bread prices in Nigeria are expected to rise by 15% to 20% in January 2024. The Premium Breadmakers Association of Nigeria’s...