Category: Business

Feb 08
$14.19bn worth of Bitcoin traded in 24 hours as crypto continues resurgence

Bitcoin’s value increased by 2.10 percent during the week after a mini-slump in…

Feb 08
IMF says Nigeria’s unemployment rate back at its pre-pandemic level

The International Monetary Fund has stated that Nigeria’s reported unemployment rates,…

Feb 08
FG meets union to prevent aviation workers strike

The Federal Government has announced it has held meetings with aviation worker unions…

Feb 08
IMF urges Nigeria to abandon official exchange rate, fuel subsidy

The International Monetary Fund (IMF) has urged the removal of fuel subsidies and…

Feb 03
Nigerian govt shares N22.7bn to fuel transporters, but real consumption figures remain unknown

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has disclosed…

Feb 03
FG pays bridging claims amounting to N22.7 billion to petroleum transporters

The Federal Government of Nigeria has paid bridging claims amounting to N22.7 billion…

Feb 03
Why we restricted accounts owned by some Nigerians – Binance CEO

Binance Chief Executive Officer, Changpeng Zhao, has explained that the controversial…

Feb 03
Over-regulation killing Nigerian businesses – Osinbajo

Nigeria’s Vice-President,Yemi Osinbajo, has called for a complete reorientation…

Feb 01
IMF raises Nigeria’s 2023 economic growth forecast to 2.7%

The International Monetary Fund, IMF, has raised its forecast for Nigeria’s Gross…

Feb 01
Economics of Recovery and Recovery of Economics: A Peep into Nigeria

It is generally agreed that all economies especially those heavily dependent on the…

Feb 01
Rising crude price pushes petrol subsidy to N16bn per day

THE price of Nigeria’s Bonny Light, yesterday, surged further to $91.38 per barrel,…

Feb 01
CBN distributed N23.2 billion worth of loans to 28 companies

The Central Bank of Nigeria distributed N23.2 billion in loans to 28 recipients as…

Jan 28
NIPOST to give Nigerians free debit card as it launches banking platform to boost financial inclusion

The Nigerian Postal Service (NIPOST) has launched its own e-debit card to be given…

Jan 28
Reps ask CBN to suspend Customs E-Invoice, invite CBN Governor

The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend…

Jan 28
Naira falls for fourth straight day

Naira weakened significantly against the U.S. dollar at the official market on…