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Monday, January 12, 2026
Economy
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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4 Minutes
FG Justifies Foreign Exchange Benchmark In 2024 Budget
The Federal Government says its refusal to base the foreign exchange benchmark in the 2024 budget on a spot rate is a strategic move to avoid eventualities and uncertainties. The Minister of Budget and...
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2 Minutes
Reasons To Be Optimistic As Naira Strengthens Against Dollar Consecutively
The Naira continued its upward trend against the Dollar in the official market on Monday, marking the third consecutive gain in the new year. The currency surged by 1.45%, closing at N856.57 per dollar...
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2 Minutes
Economy, Education Lead As Lagos Assembly Okays N2.267tn Budget
The Lagos State House of Assembly has passed into law the N2.2tn 2024 appropriation bill presented to it by Governor Babajide Sanwo-Olu. The budget was passed on Friday at a plenary presided over by...
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1 Minute
JUST IN: Nigerians Panic As NNPC Officially Speaks On Fuel Price Increase
In a recent development, Nigerians find themselves on edge as the Nigerian National Petroleum Company Limited (NNPCL) addresses the trending concerns regarding a possible fuel price hike. The third of January witnessed a surge...
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3 Minutes
Economy ‘ll Remain Bleak For Next 6 Months — NECA
Nigeria Employers’ Consultative Association, NECA, has warned that there will not be any significant growth in the nation’s economic outlook in the next six months, saying the economy will remain bleak. However, NECA, the...
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1 Minute
JUST IN: Tinubu Signs 2024 Budget Into Law
President Bola Tinubu on Monday afternoon signed into law the 2024 Appropriation Bill at the Presidential Villa, Abuja. Tinubu signed the N28.7tn budget document earlier approved by the National Assembly hours after he arrived...
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