Economy

THE National Bureau of Statistics (NBS) has stated that the average fare paid by air passengers for specified routes single travel increased by 34.06% between May 2022 and May 2023. …
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THE Central Bank of Nigeria (CBN) has released new guidelines for contactless payments in the country, limiting the daily cumulative transaction limit via the channel to N50,000 and…
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THE Central Bank of Nigeria, Bauchi State, says it allocates N30 million new naira notes daily to each branch of banks in the state to increase access of customers to the new notes. …
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THE Central Bank of Nigeria (CBN) has charged that a few commercial banks in Port Harcourt, Rivers State, have refused to disburse the N4.5 billion in redesigned notes that have been…
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THE Minister of Finance, Budget and National Planning, Zainab Ahmed, says Nigerians will pay more taxes. According to Ahmed, this has been captured in the medium term as proposed in…
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INTERNATIONAL public relations and communications company, BlackHouse Media (BHM), has been announced as a platinum sponsor of the ICCO Global Summit. BHM is the first…
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NIGERIA recorded an unfavourable trade position with a trade deficit of about N4 trillion in the first quarter of 2021 due to increased importations despite scarce foreign currency…
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PRESSURE on Naira is expected to persist in 2021 as higher imports bills continue to offsetting improved receipts from oil exports, thus resulting to low accretion into Nigerian…
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TO curb the Nigerian jumpy inflation rate threat on the economy, analyst have predicted that the current dovish stance may be coming to a halt, saying the Nigerian Central Bank …
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THE Executive Board of the International Monetary Fund (IMF) approved on April 1, 2021 a third tranche of grants for debt service relief for 28 member countries under the Catastrophe…
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