Showing posts with the label business

Post-Harvest Losses Affecting Nigeria Food Security, Sustainability — FMAFS

The Federal Ministry of Agriculture and Food Security ( FMAFS ) has said Nigeria’s food security …

Elon Musk Hits $500bn Net Worth, Emerges First to Reach Half-Trillion

World’s richest individual, Elon Musk has crossed another milestone with his net worth soaring to …

Oyo Tops as 20 States Secure N458bn Loans Despite Higher Allocations

Oyo State is topping the list as no fewer than 20 state governments borrowed a combined N458 billi…

Naira Will Appreciate to N1,400/$ by December - BUA Boss Forecasts

President of BUA Group , Abdul Samad Rabiu , has projected that the naira could appreciate to betw…

JUST IN: Nigeria’s Economy Expands By 4.23% in 2025 Q2

Nigeria’s economy recorded a 4.23 per cent growth in the second quarter of 2025, according to figu…

Nigeria Inflation Rate Drops for 4th Consecutive Time in 2025 – NBS

Nigeria’s inflation rate  has continued its downward trend, with the National Bureau of Statistics …

Review 2025 Budget Or Face Deepening Financial Crisis - IMF Warns Nigeria

Nigeria’s fiscal outlook for 2025 is under serious threat, according to the International Monetary …

Nigeria Loses $4m World Bank Loan Over Audit Lapses

Nigeria is set to forfeit $4 million from a World Bank-funded loan after failing to meet required a…

Tax Reform: Makinde, FIRS Adedeji Seek Humane Approach in Taxing Informal Sector

Oyo State Governor, Engr. Seyi Makinde, the Chairman of the Federal Inland Revenue Service (FIRS), …

JUST IN: FCTA Seals FIRS Office in Abuja Over 25 Years Unpaid Ground Rent

The Federal Capital Territory Administration (FCTA) has sealed the Federal Inland Revenue Service (…

Naira Records Stable Gains, Closes Week at 1,580.44 Per Dollar

The Nigerian naira continued its upward trajectory against the U.S. dollar, closing the week on a p…

World Bank Predicts Rise in Poverty Across Nigeria by 2027

The World Bank has forecast a significant rise in poverty across Nigeria, projecting an increase of…

CBEX Investors Will Get Their Money Back – EFCC Assures

The Economic and Financial Crimes Commission (EFCC) has assured Nigerians that efforts are underway…

Interpol Joins EFCC in 1.3tn CBEX Ponzi Fraud Probe

The Economic and Financial Crimes Commission (EFCC) has revealed ongoing efforts in partnership wit…

Naira Rises to N1,618/$ in Parallel Market

The Nigerian currency, naira saw a slight gain on Tuesday, strengthening to N1,618 per dollar in th…

Nigeria’s Inflation Surges to 24.23%

Nigeria’s inflation rate climbed sharply to 24.23% in March 2025, marking a significant increase fr…

FACTCHECKED! Did CBN Just Introduced 5000, 10000 Naira notes?

The Central Bank of Nigeria (CBN) has denied reports circulating about the introduction of new N5,0…

Naira Gains to N1,590/$ in Parallel Market

The Naira had yesterday appreciated to N1,590 per dollar in the parallel market from N1,600 per dol…

BREAKING: Nigeria’s Inflation Rate Drops to 23.18% in February

The National Bureau of Statistics (NBS) has reported a drop in Nigeria’s inflation rate, which fell…

Naira Gains to N1,565/$ in Parallel Market

The Nigerian Naira had on Tuesday appreciated to N1,565 per dollar in the parallel market from N1,5…

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