Nestle Nigeria reports N104bn loss in 2023
By Melvin Onwubuke Nestle Nigeria Plc has announced a loss before tax…
FG constructs off grid plants to tackle energy shortage
By Melvin Onwubuke The Federal Government has announced, it is planning…
CBN gov Cardoso vows crackdown on illicit funds via Binance
The Governor of the Central Bank, Yemi Cardoso, has restated the government's…
CBN resumes sales of FX to BDC operators
The Central Bank of Nigeria has made a firm decision to close…
CBN raises interest rate to 22.75%
The Central Bank of Nigeria on Tuesday, implemented the first increase in…
Nestle, others cost equity market 51bn loss
The loss experienced by Nestle Plc, Eterna, and Fidson Healthcare Plc caused…
Factories may shutdown if FX crises persists – MAN
By Melvin Onwubuke The Manufacturers Association of Nigeria has said that many…
Naira depreciates to N2100/£1 in black market
By Alex Omenye The naira witnessed a significant decrease, peaking at…
Economic hardship: Senator advises Tinubu to hold national stakeholders meeting
A lawmaker from Osun Central, Senator Ajagunnla Olubiyi Fadeyi, has advised President…
Nigeria’s GDP grows 3.46% in Q4, decreases by 2.74% in 2023
Nigeria's Gross Domestic Product grew at 2.74% annually in 2023, a modest…
Nigeria’s money supply hits N93.72trn in January 2024
Nigeria's broad money supply reached a historic high of N93.72 trillion in…
Naira decline continues in parallel market, N1,700/$1
By Melvin Onwubuke Nigeria Naira strengthened against the dollar in the…