by Peace Araga | Apr 4, 2025 | Business/Finance, Economics, Local, NEWS
The Central Bank of Nigeria (CBN) has dismissed claims that it is introducing N5,000 and N10,000 banknotes, labeling a circulating document on the matter as “fake.” In a statement shared on its official X (formerly Twitter) handle, the CBN refuted the...
by Oni Kayode Philips | Mar 18, 2025 | Agriculture, Economics, Local, NEWS
Nigeria’s headline inflation rate has dropped to 23.18% in comparison with the January 2025 headline inflation rate of 24.48%. This development is contained in the consumer price index (CPI) report issued by the Nigeria Bureau of Statistics (NBS) on Monday. According...
by Favour Owonibi | Mar 10, 2025 | Economics, International, NEWS, Politics
Nigeria and the United Arab Emirates (UAE) have indicated interest to resolve issues relating to visa procurement by Nigerians seeking to travel to the country. The decision was reached when the Ambassador of the United Arab Emirates to Nigeria, Salem Saeed Alshamsi,...
by Oni Kayode Philips | Sep 27, 2024 | Agriculture, Economics, NEWS
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government has paid for some imported staple food items to tackle food shortages in the country The minister made this known on Thursday in Abuja at an Inter-Ministerial...
by Oni Kayode Philips | Sep 25, 2024 | Business/Finance, Economics, NEWS, Security
The Central Bank of Nigeria (CBN) has said the lifting of petroleum products from Lagos-based Dangote Refinery will balance the cost of transportation and ease food inflation. Speaking at a press briefing on Tuesday, the CBN governor Oluyemi Cardoso expressed...
by Favour Owonibi | Sep 19, 2024 | Business/Finance, Economics, NEWS
Vice President Kashim Shettima said Nigeria has embraced the Halal economy, hoping to leverage opportunities and add the sum of $1.5bn to the country’s GDP by 2027. Shettima made this known on Wednesday as he attended the Nigeria Halal Economy Stakeholders engagement...
