Breaking

Naira Stable At N1000/$ on Parallel Market, Depreciates Marginally To N808/$ on I&E

The official window on Monday reported a daily volume turnover of $87.65 million representing an 11.31% decline compared to Friday.

11 months ago

Analysis: Where Are the Savings From Nigeria’s Subsidy Removal?

Tinubu had said that subsidy removal was going to curtail government’s borrowing and reduce the country's debt service burden.

11 months ago

Fitch Says Nigeria’s Credit Rating Stable, Predicts Inflation At Below 21%

It also forecasts oil production to reach 1.8m bpd by 2024.

11 months ago

NDLEA Smashes Syndicate of Blind Drug Traffickers, Seizes N13bn worth of Drugs in Lagos

Muktar Abubakar, 59, who is equally blind has, been living in Lagos for 40 years and married to three wives…

11 months ago

Gaza Loses Telecom Contact Again, As Israel’s Military Surrounds Gaza City

Earlier Sunday, Israeli warplanes struck two central Gaza refugee camps, killing at least 53 people and wounding dozens.

11 months ago

Naira Continues Rebound, Strengthens To N950/$ at Parallel Market

Traders with dollars acquired at very high rates have incurred heavy losses after a N175 gain in one day.

11 months ago

Scores Killed As Deadly Earthquake Hits Western Nepal

Strong tremors were felt far away in the Nepalese capital and in cities in neighbouring India, including Delhi.

11 months ago

CBN Moves to Restore Investor Confidence, Begins Clearance of FX Forward Backlogs

It also allayed fears of scarcity of cash, saying it has sufficient stock of currency notes for economic activities in…

11 months ago

Sam Bankman-Fried Found Guilty On All Seven Counts In FTX Fraud Trial

He is set to go on trial again in march 2024 on a second set of related charges.

11 months ago

Abuja Court Orders EFCC to Immediately Release Ex-CBN Governor Emefiele

Justice Adeniyi also ordered the anti-graft agency to, in the alternative, produce Emefiele in court on Monday, November 6.

11 months ago