When compared to the previous month, Nigerians were forced to pay extra for 40 of 42 food items examined by the National Bureau of Statistics (NBS)....
Dubai’s Emirates airline said passenger flights to and from Nigeria (Lagos and Abuja) are suspended with effect from June 21 until further notice. The airline had...
The Nigerian Extractive Industry Transparency Initiative (NEITI) has revealed how Nigeria lost an estimated $2.8 billion in oil revenues in 2019. This was stated in its...
The Nigerian Exchange Limited (NGX) has suspended trading in Guaranty Trust Bank Plc’s (GTBank) shares. The NGX stated this in a notice to investors on Friday....
President Muhammadu Buhari has urged MTN Group to lower data and call rates for Nigerians. This call was made when the group’s CEO, Mupita Ralph, and...
More Nigerians are living in poverty as a result of the country’s rising unemployment, according to the Nigerian Economic Summit Group (NESG). NESG said this in...
Lagos has been ranked as the second most stressful city to live in a report The study across 100 cities conducted by Germany-based wellness brand, Vaay,...
The National Bureau of Statistics (NBS) has disclosed that the average price paid by Lagosians for a motorcycle ride was the highest in the country in...
In May, consumers paid more for Premium Motor Spirit (PMS), often known as petrol, National Household Kerosene, and Automotive Gas Oil (diesel). While the rates paid...
The market capitalisation of Exchange Traded Funds (ETFs) listed on Nigerian Exchange Limited, the leading market for ETFs in West Africa, rose to N20.32 billion in...
Thursday was a good day for the Nigerian currency, Naira as it appreciated against the U.S dollars in both the official and unofficial market. The biggest...
The International Monetary Fund (IMF) has issued a warning to Nigeria that the expected growth rebound in 2021 could be impeded if the country continues paying...
As the Central Bank of Nigeria (CBN) agreed to print the Gambia government’s currency, Dalasi, a check by Ripples Nigeria indicates that the cost of producing...
Nigerians have been recognized as the third most charitable people in the world, eager to help anyone in need despite the economic hardship. A new World...
MTN Nigeria has warned that growing insecurity might cause service disruptions in days to come. MTN reportedly disclosed this in a message to customers on Wednesday....
The Naira on Tuesday weakened further against the dollar at the parallel market. Data from aboki FX showed the currency exchanged at N505 for a dollar...
A recent report released by the Debt Management Office (DMO) shows that total domestic debt of Nigerian states reduced in the first three months by N63.05...
Nigeria’s inflation rate dropped further for the second consecutive month to stand at 17.93% in May 2021 from 18.12% recorded in April 2021. This is contained...
Nigeria’s power generation has increased by 8.46 percent to reach a peak of 4,469.80 Mega Watts on Sunday. This is according to the latest data sourced...
Claim: President Muhammadu Buhari made a bold claim on Saturday that his administration had lifted 10.5 million Nigerians out of poverty in the past two years....
It is over a year the Federal Ministry of Health announced the first COVID-19 case in Lagos State, on 27 February 2020, when an Italian citizen...
Nigerians using any of twitter, Facebook, Google, Skype, Netflix and other companies will now pay tax for service rendered. This was confirmed in a mail sent...
On Thursday, the Central Bank of Nigeria (CBN) announced that it is exploring the possibility of issuing a digital currency by the end of the year....
Edo State Governor, Godwin Obaseki, announced on Monday that plans are underway to build an airport in Edo North Senatorial District to improve accessibility and stimulate...
Nigeria’s total foreign trade for the first quarter (Q1) of 2021 rose to N9.75 trillion, representing a 6.99 per cent increase over the value recorded in...
As the country’s insecurity situation worsens, the Nigerian government is spending more on importing arms and ammunition. This is according to data from the National Bureau...
Residents of Ikotun-Egbe area have called on the state government to rename the street where Prophet T.B. Joshua is said to have begun his ministry after...
Every hour, the Federal government’s decision to prevent Nigerians from accessing Twitter, a microblogging social media website, is costing the country N90.7 million ($250,600). This is...
The Nigerian Investment Promotion Council (NIPC) has revealed that it remitted N5.36 billion to the Consolidated Revenue Fund (CRF) in the last five years from its...
Nigerian state governors are in a difficult position and far from fiscal sustainability as a result of decreasing revenue from the federal account. As a result,...
The National Bureau of Statistics (NBS) has revealed that Nigerians were once again compelled to pay more to commute from one location to another in the...
The federal government has warned accounting officers in charge of preparing personnel budgets in ministries, departments, and agencies to avoid shady practices or face sanctions. Mrs....
The World Bank on Thursday approved a $700 million loan for Nigeria’s Sustainable Urban and Rural Water Supply, Sanitation, and Hygiene Programme (SURWASH). In a statement...
Thursday, May 27 was marked as World Children’s Day but concerns continue to mount over the educational future of children born into the Nigerian space. Every...
The Securities and Exchange Commission (SEC) has set a deadline of June 30 as the registration deadline of all existing investment crowdfunding portals/digital commodities investment platforms....
The continuous fall of the Nigerian currency, the naira reached a record low against the dollar at the parallel market on Wednesday. According to market data,...
In five years, Nigeria has recovered $633.8 million, and £9.709 million in stolen funds. This disclosure was made on Tuesday by Accountant General of the Federation...
Helen Grant, the United Kingdom’s trade representative to Nigeria, has announced that Nigeria is on the brink of signing an ambitious trade deal with the United...
The Naira opened the first trading day of the week trading lower against the U.S dollar on Monday at the parallel segment of the foreign exchange...
The National Bureau of Statistics (NBS) reported on Sunday that Nigeria’s GDP increased by 0.51 percent in the first quarter of 2021. This is the second...
The Lagos Chamber of Commerce and Industry has reacted to the latest Gross Domestic Product figures released by the National Bureau of Statistics on Sunday. According...
Chelsea owner Roman Abramovich jumped four spots to number eight on the list of wealthiest businessmen in the United Kingdom. According to the Sunday Times UK...
Nigeria’s Gross Domestic Product (GDP) increased by 0.51 percent in the first quarter of 2021, the National Bureau of Statistics (NBS) said on Sunday. In its...
The European Commission has selected Ghana as a potential African manufacturing hub for Covid-19 vaccines. This is according to a statement following a recent meeting in...
The naira’s value has dropped even further in both the official and parallel markets at the end of trading on Friday. At the black market, data...
The balance in Nigeria’s excess Crude Account (ECA) is $72.41 million as of May 18, 2021, about the same as in April 2021 Despite the consistency...
The Nigerian Communications Commission has announced that beginning from July, Nigerians will be required to submit the International Mobile Equipment Identity (IMEI) of their phones to...
Over the next five years, the World Bank Group has revealed plans to invest and mobilize $150 billion to support Africa’s growth. However, a large portion...
How low will the Nigerian naira go against the US dollar, and what does the future hold? These and other concerns are on the minds of...
The income tax paid by Dangote Cement Plc, almost doubled in the first quarter of 2021. According to the audited report obtained from Dangote cement website,...