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CBN increases interest rate to 18%
The Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points ...Nigeria relies on generators for 75% electricity – Report
The latest reports released on Monday by the Society for Planet and Prosperity, GCA Capital Partners and Climate Advisers Network, ...Controversy greets NNPCL appointment of expatriate to head subsidiary
The appointment of Jean-Marc Cordier as the head of the oil trading arm of the Nigerian National Petroleum Company Limited ...Under Buhari, FG rakes in N10 trillon VAT – NBS
The Federal Government has raked in N10.1tn from the collection of Value Added Tax under the administration of the President ...Currency in circulation now N982bn, says CBN
On the back of the naira redesign policy of the Central Bank of Nigeria, the currency in circulation in the ...Cash scarcity: We’ve lost N30bn eggs, say poultry farmers
The Poultry Farmers Association of Nigeria has said its members have lost more than N30 billion worth of eggs due ...Climate change responsible for high food prices – FG
The Federal Government has said the rise in food prices in the country is due to the effect of climate ...Raise VAT to 10%, Finance Minister urges incoming administration
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has urged the incoming administration to increase the Value ...Nigeria’s inflation rate rises to 21.91% as cash scarcity persists
The consumer price index, which measures the rate of change in prices of goods and services, rose to 21.91 percent ...Dollar shortage: Banks slash travel allowance, foreign school fees
Amid a worsening foreign exchange crisis, deposit Money Banks have slashed the amount of Personal Travel Allowance and schools fees ...
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