Food prices jump to 2.25 percent in October nationwide – NBS
The prices of selected food items increased by 2.15 percent in October nationwide. A report stated that food prices in...
business
Naira redesign: CBN denies plan to print N5000 note
The Central Bank of Nigeria (CBN) said there’s no plan to introduce N5,000 denominated bank note following the naira redesign....
TCN to add over 98MW to national grid
The Transmission Company of Nigeria, TCN, has disclosed plans to add over 98 megawatts to the national grid. This is...
Fuel scarcity: Remove subsidy, heavens won’t fall – Former NNPC GM tells FG
The former General Manager of Corporate Planning and Business Development at the Nigerian National Petroleum Corporation (NNPC), Babajide Soyode, has...
UK-Nigeria trade volume hits £5.5bn
The trade volume between the United Kingdom and Nigeria stands at £5.5 billion, according to officials. Minister of Industry, Trade...
CBN laments depletion of crude oil revenue from $3.0 billion to zero
The Central Bank of Nigeria, CBN, Godwin Emefiele, has lamented the depletion of the nation’s oil revenue from over $3.0...
SMEDAN begins matching fund programme for agro-based SMEs
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in partnership with Sterling Bank Plc has started a matching...
Cyberwatch 2023 debuts to guarantee business sustainability
Towards ensuring business continuity and sustainability garnered from the ability to block business waste, Cubed Integrated Management has announced Cyberwatch...
Nigeria’s 2.25 per cent GDP underscores citizens’ worsening poverty rate – Expert
An economic expert, Dr Boniface Chizea has said the 2.25 per cent slow of Nigeria’s Gross Domestic Product, GDP, underscores...
Nigeria’ll be great when emphasis shifts from consumption to production – Osinbajo
Vice President Yemi Osinbajo said the country will attain greatness when it shifts emphasis from consumption to production. The vice...
Naira: Financial stakeholders move to crash exclusion rate from 39.5 percent
Stakeholders committed to National Financial Inclusion in Nigeria will meet to further crash the exclusion rate from 39.5 percent actualized...
Experts fear tougher times for citizens as oil sector worsens Nigeria’s GDP slow growth rate
Economic experts fear stricter times as the challenges of the oil sector pose a threat to Nigeria’s Gross Domestic Product...
Over N200bn official transactions tracked close to 2019 elections – NFIU
The Nigerian Financial Intelligence Unit (NFIU) has said that close to the 2019 general election, the agency was able to...
Nigerians paid N801.09/litre for diesel in October – NBS
The National Bureau of Statistics, NBS, has disclosed that the average retail price of Automotive Gas Oil, popularly known as...
Inflation: Knocks, kudos trail CBN’s hike of interest rate to 16.5 percent
In less than three months after it had raised the country’s interest rate to a double-digit, 15.5 percent, the Monetary...
New naira notes have enhanced security features – Experts
Economic experts Mr Idakolo Gbolade and Chief Executive Officer, Economic Associates, Mr Ayo Teriba have disclosed that apart from the...
BREAKING: FG unveils redesigned naira notes to general public
The Federal Government has unveiled the redesigned naira notes to the public. It was unveiled at the Federal Executive Council...
CBN raises lending rate to 16.5 per cent to end inflation
The Central Bank of Nigeria, CBN has raised its lending rate to 16.5 per cent in a bullish move to...
Increment of excise duty will cause more inflation, scarcity – NBCC warns FG
The Nigeria-British Chamber of Commerce (NBCC) has warned that the proposed increment in the excise duty by the federal government...
Minister disowns N206bn project fund inserted in 2023 budget
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Mrs. Sadiya Umar Farouq, has disowned the N206 billion inserted...
Lack of economic productivity reason most Nigerians live in poverty – Expert
An economic expert, Dr Boniface Chizea, has said that lack of economic productivity is why most Nigerians live in poverty....
Sokoto, Bayelsa record highest as 133 million Nigerians experience poverty – NBS
Sokoto, Bayelsa states have recorded the highest as 133 million, representing 65% of Nigerians are experiencing multidimensional poverty. DAILY POST...
Nigeria Air won’t benefit Nigerians – Former NAMA DG
The former Director General of Nigerian Airspace Management Agency, NAMA, Captain Roland Iyayi said the proposed Nigeria Air would not...
Inflation: Grant concessionary import duty to food processors, industrialists – CPPE urges FG
The Centre for the Promotion of Private Enterprise, CPPE, has advised the federal government to grant food processors and industrialists...
Expert reveals solution to Nigeria’s rising inflation
A Financial Inclusion/Wealth Management expert, Mr Idakolo Gbolade, has revealed the solution to ending Nigeria’s rising inflation. Less than 24hrs...
Rising inflation will plunge average Nigerians into more poverty trap – Experts
On Tuesday, the National Bureau of Statistics, NBS, disclosed that Nigeria’s headline inflation rate increased to 21.09 percent on a...
Nigeria’s inflation will get worse – Expert warns
An economist, Gospel Obele, has said that Nigeria’s inflation will likely get worse in the coming months as it recorded...
