Nigerian economy

BREAKING: Naira appreciates at parallel market amid CBN FX reformsBREAKING: Naira appreciates at parallel market amid CBN FX reforms

BREAKING: Naira appreciates at parallel market amid CBN FX reforms

The Naira strengthened against the U.S. dollar in the parallel foreign exchange market on Wednesday, trading at N1,560 per dollar,…

2 weeks ago
Senate set to pass Tinubu’s controversial tax reform bills todaySenate set to pass Tinubu’s controversial tax reform bills today

Senate set to pass Tinubu’s controversial tax reform bills today

The Senate is set to approve President Bola Tinubu’s controversial tax reform bills today, Tuesday, following their earlier passage by…

2 weeks ago
Naira plunges against Dollar in Black MarketNaira plunges against Dollar in Black Market

Naira plunges against Dollar in Black Market

The Naira weakened to N1,585 per dollar in the parallel market yesterday, down from N1,580 per dollar last weekend. However,…

2 weeks ago
BREAKING: Tinubu increases 2025 budget from ₦49.7trn to ₦54.2trn after additional revenue gainsBREAKING: Tinubu increases 2025 budget from ₦49.7trn to ₦54.2trn after additional revenue gains

BREAKING: Tinubu increases 2025 budget from ₦49.7trn to ₦54.2trn after additional revenue gains

President Bola Tinubu has increased the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenues generated by…

2 months ago
Price of bag of rice, beans, tomatoes, other food commodities this weekPrice of bag of rice, beans, tomatoes, other food commodities this week

Price of bag of rice, beans, tomatoes, other food commodities this week

As of January 31, 2025, Nigeria is witnessing a sharp rise in the prices of staple food items, continuing an…

2 months ago
Price of refilling cooking gas per kg in NigeriaPrice of refilling cooking gas per kg in Nigeria

Price of refilling cooking gas per kg in Nigeria

As of February 1, 2025, the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has seen a…

2 months ago
Naira gains N13 against dollar in official marketNaira gains N13 against dollar in official market

Naira gains N13 against dollar in official market

The Naira appreciated to N1,493 per dollar in the official foreign exchange market yesterday, gaining N13 from its previous rate…

2 months ago
NNPC increases petrol prices in Abuja, Lagos, othersNNPC increases petrol prices in Abuja, Lagos, others

NNPC increases petrol prices in Abuja, Lagos, others

Retail outlets operated by the Nigerian National Petroleum Company Limited (NNPCL) have increased the price of Premium Motor Spirit (PMS),…

3 months ago
Queues return as petrol prices hit ₦1,150 per litreQueues return as petrol prices hit ₦1,150 per litre

Queues return as petrol prices hit ₦1,150 per litre

Oil marketers have distanced themselves from the recent increase in Premium Motor Spirit (PMS), commonly known as petrol, following a…

3 months ago