CBN to capture and prosecute Olumide Oniwinde, owner of abokiFX – Emefiele
At the recently concluded MPC meeting by the Central Bank of Nigeria (CBN), the CBN Governor, Godwin Emefiele responded to...
CBN’s MPC holds MPR at 11.5%, maintains all other parameters
The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the benchmark interest rate at 11.5%,...
Nigerian railway corporation doubles income, earns N2.12 billion revenue in H1 2021
Nigerian railway corporation generated a sum of N2.12 billion as revenue in the first half of 2021, representing a 123%...
Nigeria’s NBS is issuing data through back channels since new regime
It appears that the National Bureau of Statistics (NBS) has started issuing data reports to foreign media outlets through back-channel...
Nigeria’s inflation rate drops to 17.01% in August 2021, 5th consecutive decline
Nigeria’s inflation rate in the month of August 2021 dropped to 17.01% from 17.38% recorded in July 2021. This represents...
Covid-19 cases in Nigeria rises above 200,000, as death toll hits 2,637
The total confirmed cases of the covid-19 disease in Nigeria crossed the 200,000 mark on Monday, 14th September 2021. This...
Nigeria’s DMO posts N1.31 billion profit, records 144.1% increase
The Debt Management Office of Nigeria (DMO) reported a surplus of N1.31 billion for the 2019 financial year. This represents...
Nigerian companies spend over $55 billion on foreign professional services in 10 years
A review of Nigeria’s current account data from the Central Bank of Nigeria (CBN), reveals that Nigeria and its corporates...
Naira crashes to N540 at black market, disparity now N130
Thursday, 9th September 2021: The exchange rate between the naira and the US dollar closed at N411.67/$1, at the official...
Price of spaghetti, cooking gas, beans, and oil jumps as traders lament forex scarcity
The latest market survey, carried out by Nairametrics Research reveals the prices of staple food items such as spaghetti, cooking...
