Year: 2024

In the absence of liquidity pressure, interbank rates were still adjusted upward in response to the Central Bank of Nigeria’s (CBN) monetary policy tightening.

The naira experienced strong negative price fluctuation in the foreign exchange (FX) market due to surging demand for import payments. The FX market was unable to meet the willing buyers US dollar demand due to a shortage in the official window.

The equities market capitalization of the Nigerian Exchange (NGX) swelled as investors gained about N105 billion amidst the policy rate hike.

The Federal Government has approved the revision of the Consolidated Public Service Salary Structure (CONPSS) with effect from July 24.

Kuda has introduced a new feature allowing its customers to purchase eSIMs directly from the Kuda app. This innovative service provides users with virtual

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR) by 50 basis points to

The National Bureau of Statistics(NBS) says the unemployment rate in Nigeria stood at 5.4 per cent in 2023.

The National Drug Law Enforcement Agency (NDLEA) has apprehended an ex-convict, Christian Ogbuji for importing 817 wraps of cocaine weighing 19.40kg with

The Leader of the Senate, Sen. Opeyemi Bamidele says as the Senate resumes plenary, it would unearth the root causes of economic sabotage in the Petroleum

As the dust between Dangote and oil stakeholders began to settle, the Refinery has been schedule to obtain 12 million barrels of crude oil from the Nigerian