Economy
-
CBN: We injected $7.6bn into FX market in five months to stabilise naira
The Central Bank of Nigeria (CBN) says it injected $7.6 billion into the economy in five months through foreign exchange…
Read More » -
How Nigeria’s only state-owned airline, Ibom Air, is dominating Nigeria’s sky
Many Nigerians seem to have a liking for Ibom Air, a commercial airline wholly owned by the Akwa Ibom State…
Read More » -
Nigeria imports $5.26bn generators, others
Nigeria spent $5.26bn importing electric generating sets, electric transformers, vacuum cleaners, hair clippers, and other electrical machinery and equipment in…
Read More » -
Petrol Will Cost ₦462/Litre Without Subsidy, Says NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) says premium motor spirit (PMS) will cost consumers N462 per litre without the…
Read More » -
Not All Of Us Are Debtors, Say Airline Operators
Airline Operators of Nigeria says owing government agencies does not translate to fraud, noting that “every airline in the world…
Read More » -
Access Holdings gets approval to take over First Guarantee Pension
Nigeria’s biggest lender by assets, Access Holdings, has gotten the greenlight of the approving authority for the bid to acquire…
Read More » -
$265m To Foreign Airlines: CNPP Commends CBN For Intervention
Conference Of Nigeria Political Parties (CNPP) has hailed the Central Bank of Nigeria (CBN) for its release of $265 million…
Read More » -
10 Nigerian states have bigger GDPs than some African nations – Osinbajo
Vice President Yemi Osinbajo has asked the international community to stop comparing Nigeria to some smaller African countries in terms…
Read More » -
Telecoms sector contributes N4.84tn to GDP – NBS
Telecommunication and Information services contributed N4.84tn to the nation’s real Gross Domestic Product in the first two quarters of 2022…
Read More » -
Inflation takes toll on Nigeria, S/Africa, Ghana, UK, USA, others
•Russian/Ukrainian war connection • World Bank foresees more Nigerians slipping into poverty •Inefficiency of economic managers responsible for Africa’s woes…
Read More »