The hike in Nigeria’s Monetary Policy Rate, also known as interest rate, from 22.75 per cent to 24.75 per cent by the Central Bank of Nigeria will further accelerate the country’s inflation and lead...

The Federal Inland Revenue Service (FIRS) has filed criminal charges against Binance, a leading cryptocurrency exchange platform. The lawsuit, filed at the Federal High Court in Abuja under case number FHC/ABJ/CR/115/2024, accuses Binance of...

Despite huge potentials in agriculture, mining and water resources, many states in the country have continued to record low internally generated revenue (IGR). Most of the states have also continued to depend on federal...

The National Bureau of Statistics (NBS) said the headline inflation rate increased year-on-year (YoY) by 1.8 percentage points to 31.7 per cent in February 2024 from 29.9 per cent in January 2024. This represents...

The World Trade Organisation (WTO) has inaugurated a 1.2 million-dollar programme to improve export standards of Nigeria’s sesame and cowpea products. The WTO Director-General, Dr Ngozi Okonjo-Iweala, said this at the launch of the...

The Central Bank of Nigeria (CBN) has issued a warning message to Nigeria and other West African nations regarding trends in borrowing practices. Traditionally, nations often relied on loans from the Paris Club, a...

The National Assembly would need to revisit the N28.77tn 2024 budget, the Senate has said. The Red Chamber explained that there was a need to revisit the budget following the incessant fall of the...

President Bola Ahmed Tinubu’s two-day official visit to the State of Qatar will assume full gear today with the signing of seven agreements between Nigeria and the Middle East country. The visit had begun...

The battle to shore up the value of the Naira and clean up the financial system continued yesterday with the Central Bank of Nigeria (CBN) revoking the operating licences of 4,173 Bureaux De Change...

United States Consul General, Will Stevens says his country is proud to be one of the largest foreign investors in Nigeria, with FDI totaling 5.6 billion dollars in 2022. Stevens said this during the...