Economic News

Due to a paucity of new naira notes, several business deals have been cut short due to insufficient cash. A considerable number of people who flocked to banks to cash...

After receiving a direction to begin over-the-counter payment from their regulator, the Central Bank of Nigeria (CBN), Nigerian banks are adamant that there is no cash available to pay consumers....

Stakeholders are concerned about a few issues that could influence the elections in February or March as the buildup to the seventh general election since Nigeria's restoration to democracy in...

Operators of Point of Sale, or POS, have taken on the role of the new lords as both new and old naira notes continue to be in short supply across...

An aide to President Major General Muhammadu Buhari (ret. ), Major General Muhammadu Buhari, has disclosed that his principal was misled by the Central Bank of Nigeria as the ongoing...

Many drivers in the Federal Capital Territory (FCT) have complained about the continuing fuel shortage in the area. The motorists complained that their lives were being made difficult by the...

The freshly redesigned naira, which entered circulation last week, has prompted a warning from the World Bank that its timing and brief transition period may have an adverse impact on...

To avert a food crisis in 2023, The Nigerian Meteorological Agency, NiMet, on Thursday asked Nigerian farmers and other important stakeholders in the agricultural sector to fully utilize farming during...

A painting by Hieronymus Bosch is titled Death and the Miser. Currently, it can be found in Washington, D.C.'s National Gallery of Art. A divided triptych's interior right panel contains...

On Thursday, crude oil fell about 1% as fears of a US recession outweighed hopes that China's lifting of COVID-19 curbs would boost demand for crude in the world's top...