Business

Nigeria handles 25% West African cargo despite 60%

  • 16th April 2026
Maritime workers reject FG’s plans to re-float NNSL

Nigeria unveils first African blue economy television

  • 16th April 2026

Dangote listed among TIME 100 most influential people

  • 15th April 2026

FG won’t reinstate fuel subsidy despite Middle East

  • 15th April 2026

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Nigeria handles 25% West African cargo despite 60% GDP

Business
Ogun pays 564 pensioners gratuities

Ogun okays weekly day off, ₦10,000 transport allowance for

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UK jails Nigerian couple over £433,000 tax fraud

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Nigeria’s public debt rose to record ₦159.27trn in 2025

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Economy

Inflation: Experts urge CBN against tighter monetary policy

Experts have advised the Central Bank of Nigeria to withdraw from further deployment of monetary policy tightening as a tool to check the inflationary pressure.   According to Vanguard, Managing Director, Centre for the Promotion of Private Enterprise, Muda Yusuf, said this in response to the November 2022 inflation figure released by the National Bureau […]

News

5kg cooking gas now 37% higher than 2021 – NBS

The National Bureau of Statistics has revealed that Nigerians now pay 37.34% more to refill a 5kg cooking gas than the previous year.   The NBS made this known in its November 2022 LPG price watch report released on Monday.   According to the report, the average price of refiling a 5kg has risen to […]

Banking

Afreximbank launches TRADAR Club to boost African trade

African Export-Import Bank has launched TRADAR Club, a member-driven network aimed at empowering international businesses and executives to transform trade and investments within Africa.   Vanguard reported that Afreximbank’s Media representative, Amadou Sall, made this known in a statement on Monday in Abuja, during the operational launch of the TRADAR Club that featured a high-level […]

featured News

Ghana halts payment on Eurobond, others

Ghana has declared a halt to debt service payments on its commercial loans, Eurobond loans, and bilateral debts. This was confirmed by the Ghanaian ministry of finance in a press release posted on its website. In order to allow for an orderly restructuring of the impacted liabilities, the government declared that it will stop making […]

Business

Tailors decry lack of patronage as price of materials soar

The high cost of materials have affected the price of sewing, the ripple effect being that tailors now experience low patronage, as many customers can’t afford the price hike.   Many tailors have reportedly abandoned the trade as a result, with the few sticking to it now doing direct marketing.   A yard of cotton […]

Naira redesign: CBN has my approval, Buhari clarifies
Agribusiness featured

Agricultural revolution created 13m jobs – Buhari

The President, Major General Muhammadu Buhari (ret.d), has stated that over 13 million direct and indirect employment have been created in Nigeria in the past seven and a half years, thanks to Nigeria’s agricultural revolution. The President revealed this in Washington DC, USA, at an interactive session titled “A chat with President Muhammadu Buhari of […]

Banking

Withdrawal limit: PoS agents not endangered by new policy, says CBN

The Central Bank of Nigeria has debunked claims that its new policy limiting cash withdrawals is targeted at point-of-sales agents.   Recall, that the apex bank, earlier in December, announced that it was planning to set weekly withdrawal limit at N100,000 for individual and N500,000 for organisations.   The CBN’s Director of Banking Supervision, Mustafa […]

Life Style

PWD: Merchant Bank donate gifts worth millions to Lagos school

NOVA Merchant Bank, on Thursday, visited the Pacelli School in Surulere, Lagos, for the Blind and Partially Sighted, donating valuable goods and materials worth millions of naira, in commemoration of the International Day of Persons with Disabilities.   Nairametrics reported that the Executive Director, Funke Okoya, NOVA presented gifts and other supports to the students, […]

Aviation featured

Arik Air to resume flight in Asaba, Ilorin, others

Arik Air will restart service to the capital cities of Asaba, Ilorin Kwara, and Delta states respectively on December 20, 2022. According to a press statement from Arik Air spokesman Banji Ola, flights to Ilorin would operate four times weekly from the Nnamdi Azikiwe International Airport in Abuja and flights to Asaba will do the […]

News

Banks run out of new naira, demand increases

  About 24 hours after the new naira notes officially entered circulation, reports revealed that banks have run out of the newly-printed denominations leading to increased demand. The shortage of the newly released naira notes stemmed from the limited amounts given to banks by the Central Bank of Nigeria. The newly redesigned N1,000, N500 and […]

Banking

VIDEO: Nigerian banks dispense new naira notes

Commercial banks have started dispensing the newly redesigned naira notes to over-the-counter customers.   Channels Television, on Thursday, reported that some banks in major cities across the country have begun dispensing the new notes to customers over the counter. The Governor of the Central Bank of Nigeria, Godwin Emefiele, had on October 26, said the […]

Nigeria’s inflation hits 24.23% in March, deepens cost-of-living crisis
Economy

Nigeria’s inflation hit 21.47% in November

Nigeria’s inflation rate rose to an all-time high of 21.47% in November, coming from 21.09% in October.   The latest inflation report by the National Bureau of Statistics revealed this rise represents the 10th consecutively monthly increase since the start of the year.   The report also revealed that Nigeria’s inflation rate has now risen […]

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