Nigeria drops to fourth place in Africa’s economy ranking » In a significant development reflecting the shifting economic landscape of Africa, Nigeria, once hailed as the continent’s economic powerhouse, has slipped to fourth place in terms of GDP si...
Why naira appreciation is yet to have impact on the prices of goods – Expert » In a recent analysis of Nigeria’s economic landscape, experts have shed light on the complex relationship between currency exchange rates and consumer prices. Despite the...
Nigeria’s Economic Growth to Reach 3.3%- IMF » The International Monetary Fund (IMF) has projected that Nigeria’s economic growth is set to rebound, reaching a promising 3.3% for the year. This positive outlook was shared during the IMF’s latest revi...
Tariff Hike: FG Appeals to Workers as Electricity Union Insists on Strike » In a standoff between the Nigerian government and the electricity union, the Federal Government (FG) is pleading with workers to reconsider their decision to go on strike fol...
Nigeria’s Oil Production falls again to 1.23mbpd – OPEC » Nigeria’s oil production has experienced a significant decline, falling to 1.23 million barrels per day (mbpd) according to recent data released by the Organization of the Petroleum Exporting...
Naira now world’s best performing currency- Goldman Sachs » In recent financial news, Goldman Sachs, a leading global investment bank, has made a noteworthy prediction regarding the Nigerian Naira, suggesting that it could outshine other currencies w...
Ibadan Kingmakers Select Olakulehin as 43rd Olubadan » In a momentous decision, the kingmakers of Ibadan have chosen Olakulehin to become the 43rd Olubadan. This announcement marks a significant milestone in the traditional leadership of the city, fo...
How to Apply: MTN Champ Competition Season 2 » The MTN Foundation CHAMPS Program provides a platform for gifted young Nigerians from every region of the country to exhibit their abilities and undergo training. MTN CHAMPS, operating within Nigeria, is...
Dangote Diesel Pricing Sparks Debate as Marketers Suggest N850 per Liter » The issue surrounding Dangote’s diesel price has sparked considerable controversy, particularly as marketers have suggested a rate of N850 per liter. This development has rais...
CBN Drives Down US Dollar Rate to N1,101/$1, Allocates $15.88 Million to BDCs » In a significant move aimed at stabilizing the foreign exchange market, the Central Bank of Nigeria (CBN) has managed to push the exchange rate of the US dollar to N1,101...