News

The World Bank has projected that Nigeria's inflation rate will decrease to approximately 24.8% this year and drop to 15.1% by 2026. This estimation is based on expectations of Nigeria's...

Early Asian trading witnessed a surge in oil prices as optimism waned concerning potential ceasefire negotiations between Israel and Hamas, amplifying tensions in the Middle East. Brent crude futures ascended...

The Federal Government has allocated approximately N4.83 trillion from the proceeds of Nigerian Treasury Bills (NTBs) and Bonds issued in 2024 to settle Ways and Means Advances from the Central...

The House of Representatives will intervene in the recent increase in electricity tariffs by the Nigerian Electricity Regulatory Commission upon its resumption on April 23, 2024, Deputy Speaker, Benjamin Kalu...

Anticipation is mounting in Mexico, the United States, and Canada for Monday's total solar eclipse, which will have millions of people looking upward to witness the uncommon spectacle. The drama...

The Coalition for Affordable and Regular Electricity has kicked against what it called the provocative hike in electricity tariff for Band A customers, calling on leaders of pro-masses organisations to...

Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Export-Import Bank next month. The loan is part of a larger $3.3bn prepayment facility arranged...

The shareholders of Zenith Bank would get about N109.88bn as dividends for the 2023 financial year. This was disclosed in the annual report, which was filed with the Nigerian Exchange...

Betta edu, the Economic and Financial Crimes Commission (EFCC) has confirmed that 50 bank accounts are being investigated as part of the continuing investigation against suspended Minister of Humanitarian Affairs...

The Central Bank of Nigeria, CBN, has reduced the exchange rate in the Bureaux De Change, BDC, segment of the currency market by 12%, or N152.23, to N1,117.5 per dollar,...