In a historic moment for Nigeria’s aviation sector, Ibom Air, founded by the former governor of…
Category: Finance
Over 26.5 Million Nigerians Face Imminent Food Crisis in 2024
A stark report released by Cadre Harmonise (CH) has raised alarm bells, revealing that approximately 26.5…
Dangote Refinery Set to Commence Operations with 350,000bpd Crude Processing
Aliko Dangote, the President and Chief Executive Officer of Dangote Group, has revealed that the much-anticipated…
Nigeria’s Central Bank Unveils Comprehensive Strategy to Tackle Inflation and Boost Economic Expansion
In a significant development, Nigeria’s central bank, led by Governor Olayemi Cardoso, is set to implement…
Why CBN Ended Forex Restrictions on Rice and 42 Other Items – Cardoso Clarifies Decision
Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), explained the rationale behind…
SMEDAN Launches N5bn Single-Digit Loan Scheme for 10,000 MSMEs
In a strategic move to address the funding challenges within Nigeria’s Micro, Small, and Medium Enterprises…
Naira Depreciates Against Dollar
On Wednesday, Nigeria’s currency, the naira, experienced a depreciation against the US dollar in the foreign…
Fresh Naira Scarcity Grips Kano, Sokoto, Edo, and Other States Despite CBN Assurances
Despite recent assurances from the Central Bank of Nigeria (CBN) regarding the abundance of naira in…
Government Urges Supreme Court to Extend Deadline of Old Naira Notes
With barely 40 days left in the year, the Federal Government has appealed to the Supreme…
Debate Intensifies Over FG’s Claim of Bankruptcy Amid Escalating Hardship
The declarations of an ’empty treasury’ and ‘bankruptcy’ by the administration of President Bola Ahmed Tinubu…
