Dr. Ayo Teriba, the chief executive of Economic Associates (EA), says the recent Naira appreciation will impact the country’s inflation in three to twelve months. In...
Across major markets, prices of goods are moving away from the lower denomination of the Naira currency as inflation bites harder. Not too long ago, a...
Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024, the National Bureau of Statistics said.On a month-on-month basis, the headline inflation rate for...
Nationwide blackout looms as the National Union of Electricity Employees (NUEE) has insisted on withdrawing their services if the Nigerian government fails to rescind the recently...
Nigeria has witnessed its sixth national grid collapse of 2024, as electricity generation on the system collapsed from 2,583.77 MW at 2 a.m. on Monday to...
Amid applause over the naira experiencing a huge appreciation at the official market, a social media influencer has stated that the All Progressive Congress, APC, does...
A concerned Nigerian has called for the prosecution of syndicates accused of trading new naira notes. In the new notes business, Akin Olaleye said party hawkers,...
A Nigerian man asserted that point-of-sale (POS) operators engage in cash sales without a banking licence. Akin Olaleye, in his ‘X” post, observed that “POS biz...
The naira experienced a huge appreciation at the official market, trading at N1,142.38 to the dollar on Friday. According to data from the official trading portal...
The Federal High Court in Lagos has sentenced controversial cross-dresser and social media celebrity Idris Okuneye, popularly known as Bobrisky, to six months imprisonment. Justice Abimbola...