Economy
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7.5% tax component, forex push diesel price to N950/litre
Oil marketers lament FOREX crisis, seek rate uniformity -Asks FG to prioritize modular refineries The implementation of 7.5 per cent…
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NLC threatens fresh nationwide strike over =N=720 tentative fuel hike
The Organised Labour has vowed to proceed with a total, comprehensive and indefinite nationwide shutdown of the country, should there…
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Forex crisis: CBN devises means to stop naira free fall
The Central Bank of Nigeria has said it is set to take new measures to stabilise the naira against the…
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Transportation cost increased by 98% in one month – NBS
The average cost of bus transportation within Nigerian cities rose from N649.59 in May 2023 to N1,285.41 in June 2023 as…
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Marketers propose N720/litre as plan to suspend fuel importation heightens over forex scarcity
Oil marketers, on Sunday, indicated that the cost of Premium Motor Spirit, popularly called petrol, would rise to between N680/litre…
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Forex crisis: Provide incentives to boost exports, MAN advises FG
The Manufacturers Association of Nigeria (MAN) has tasked the federal government with providing export incentives for the manufacturing sector to…
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Undocumented diaspora remittance responsible for forex crisis – CBN
The Central Bank of Nigeria says undocumented diaspora remittance accounts for the continued fall in Naira in the foreign exchange…
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Resident Doctors resume work today after suspending nationwide strike
The Nigerian Association of Resident Doctors (NARD) has resolved to resume work today following the suspension of its indefinite nationwide…
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Speedy recovery of Nigeria’s economy remains my greatest priority – Tinubu
President Bola Tinubu has reassured Nigerians that no stone will be left unturned in his administration’s efforts to stimulate the…
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CBN publishes seven years’ financial statements, discloses N103.8bn profit after tax for 2022 FY
The Central Bank of Nigeria has released the Consolidated Financial Statements for the last seven years, making it the first…
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