Africa Richest Man, Aliko Dangote dares importers, reduces pump price to N699 from N828
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December 15, 2025
Tuesday, December 16, 2025
Economy
3 Minutes
Nigerians Are Suffering, Address Economic Pains – Musician K1 Tells Tinubu
Fuji maestro, Wasiu Ayinde Marshal, popularly known by his stage name, K1 De Ultimate, has told President Bola Tinubu that Nigerians are suffering and angry with his government due to the current poor state...
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3 Minutes
CBN Orders Banks To Sell Excess Dollars In 24 Hours
..Banks may sell over $5bn, says official, Cardoso faces Senate Tuesday over naira fall. Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money...
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1 Minute
CBN Clears Airlines’ Forex Backlog With Additional $64.44m Payment
The Central Bank of Nigeria (CBN) has concluded the payment of all verified claims by airlines with an additional $64.44 million to the affected airlines. The Ag. Director of Corporate Communications of CBN disclosed...
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1 Minute
Forex Inflow: NNPC Under Pressure Over Naira Depreciation
Economists and industry stakeholders have offered divergent views on how to halt the slide of the Naira against the United States dollar, with most of them suggesting that the most practical solution is for...
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4 Minutes
FIRS Targets N19.4trn Revenue In 2024
The Federal Inland Revenue Service surpassed its 2023 revenue target by N816bn, a 107 per cent performance over the set goal and has set a target to collect N19.4 turn in tax this year....
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3 Minutes
Blinken Meets Tinubu, Other African Leaders Today
The United States Secretary of State, Antony Blinken, will on Tuesday meet the presidents of Nigeria and Ivory Coast in a bid to forge a united front with key African democracies as crises engulf...
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1 Minute
Current Black Market Exchange Rate: Dollar To Naira On 18th January 2024
Yesterday, the Nigerian naira experienced a decline in its value against the US dollar, reaching N1,350 per dollar in the parallel market compared to N1,295 per dollar on the previous Tuesday. Additionally, within the...
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2 Minutes
Nigerians Suffering Increased Under Tinubu – Shari’ah Council
The Supreme Council for Shari’ah in Nigeria has raised concerns over the rising cost of foodstuffs and other valuables across the country, saying suffering escalated under President Bola Tinubu. The President of the Council,...
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1 Minute
Naira Depreciates To N1,265/$ In Parallel Market
The naira yesterday fell to N1,265 per dollar in the parallel market from N1,260 per dollar last week Friday. However, the naira depreciated to N838.95 per dollar in the Nigerian Foreign Exchange Market (NAFEM)....
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2 Minutes
UPDATED: Nigeria’s Inflation Rate Rises To 28.9%
The country’s inflation rate is now at 28.9 %, according to figures from the National Bureau of Statistics (NBS). This was disclosed in the NBS December 2023 Consumer Price Index (CPI) which was released...
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