Inflation
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Politics
House of Reps’ 360 members to get brand new official cars in coming weeks -Spokesman
The Spokesperson of the House of Representatives, Hon. Akin Rotimi, has confirmed that the National Assembly bureaucracy was finalizing plans…
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Travel
MMA2 Car Park, VIP Walk-in Lounge to cost more from November 1
Operators of the Murtala Muhammed Airport Terminal Two (MMA2), Bi-Courtney Aviation Services Limited (BASL), have announced an increment in the…
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Business
Naira falls to 1,025 per US dollar
The slide continues for the Nigerian currency, Naira, as it fell further on Tuesday, exchanging at the parallel market between…
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News
World Bank ranks Naira among worst performing currencies in Africa
The World Bank has included the Nigerian Naira among the worst-performing currencies in Sub-Saharan Africa. In a report titled “Africa’s…
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Business
Inflation shoots up unsold finished goods by 45.4% – Nigerian Manufacturers
The Manufacturers Association of Nigeria (MAN) has revealed that the inflation in the country has sho up its inventory of…
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Politics
President Tinubu orders review of N8,000 cash transfer palliative
President Bola Tinubu has ordered an immediate review of the proposed N8,000 cash transfer palliative to Nigerians to cushion the…
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Business
Market forces driving up petrol prices- NNPC boss reacts to new petrol price of N617
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has reacted to the latest hike…
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Business
Nigeria’s inflation hits 22.79%
Nigeria’s headline inflation rate accelerated for the sixth consecutive time to 22.79 per cent in June 2023, according to data…
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Business
Marketers project N700 per litre for petrol
Petrol could rise above N700 per litre in some states of the federation by July according to the Independent Petroleum…
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Business
Naira and dollar exchange rate reportedly sells for an intra-day high of N815/$1
The exchange rate between the naira and dollar rose to N815/$1 at the official Investor & Exporter Window on Wednesday,…
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Business
Nigeria’s Inflation rate hits 22.04% for March 2023
Nigeria’s inflation rate has increased by 0.13% points compared to February 2023’s inflation rate. This is according to the National…
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Business
Nigeria’s inflation rate rises to 21.91%
Nigeria’s headline inflation rate rose to 21.91 percent in February 2023 compared to 21.82 percent of January 2023, indicating an…
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Business
Portable decries costly flight tickets, showcases empty seats
Controversial musician, Portable has taken to his Instagram page to decry the high costs of air tickets on domestic flights…
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Business
Nigeria’s inflation hits 21.09% in October
Nigeria’s inflation rate has continued on an upward swing hitting a 17-year high of 21.09% in October 2022. This represents…
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Business
CBN to redesign N200, N500 and N1000 notes
The Central Bank of Nigeria (CBN) has announced plans to redesign some naira notes. The CBN boss, Godwin Emefiele, disclosed…
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