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Economy
Nigeria’s inflation hit 33.20% in March, says NBS
Nigeria’s inflation hit 33.20% in March, says NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024.
The!-->!-->!-->!-->!-->!-->!-->!-->!-->…
El-Rufai accuses Tinubu of secretly bringing back fuel subsidy
Former Kaduna State Governor, Nasir El-Rufai has claimed that President Bola Tinubu has restored the fuel subsidy regime but many Nigerians don’t know.
According to him, the federal!-->!-->!-->…
CBN policies push Naira to N1,150/$ at parallel market
The value of the naira gained strength at the parallel market on Thursday as the three-day public holiday was rounding up, selling around N1,150 to the dollar compared to N1,200 which it!-->…
Respite as FG sets to pay N16bn passport debt
To end the lingering scarcity of the e-passport booklets caused by the non-payment of N16 billion production debt to vendors and other stakeholders in the value chain, the Federal!-->…
FG arraigns Binance, top officials, over tax evasion
FG arraigns Binance, top officials, over tax evasion
The Federal Government of Nigeria has arraigned Binance Holdings Limited and its top officials, Tigran Gambaryan and the fleeing!-->!-->!-->…
Farmers happy as cocoa prices hit 8,000 pounds per tonne
Nigerian farmers are in for festive season with cocoa prices hitting $10,000 and F8000 a tonne at various exchanges in the United States and United Kingdom.
Cocoa!-->!-->!-->…
Reps panel accuses CBN, banks of sharing N15bn remittance
The House of Representatives’ Committee on Public Accounts has accused the Central Bank of Nigeria (CBN) and commercial banks of complicity in the sharing of the N15 billion remittance paid!-->…
CBN pegs minimum capital bases for banks at N500bn, N200bn
Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the nation’s financial system, the Central Bank of Nigeria (CBN), on!-->…
Dump your dollars to avoid tears and sorrow — FG warns FX speculators
The federal government through the presidency has sent a warning signal to FOREX speculators to dump their cache of dollars as it’s optimistic about better days ahead for naira.
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Customs officially reopens Kamba border in Kebbi
Following the directive by the federal government to reopen the land and air borders, the Kebbi state, Comptroller of Custom, Kebbi state command, Mr. Iheanacho Ernest Ojike, has officially!-->…