On Sunday, the Nigeria Labour Congress (NLC) bemoaned the terrible effects of the foreign exchange crisis on the country’s economy and called for immediate currency stabilization....
A recent investigation has revealed that Nigerian students seeking admission to foreign universities collectively spent a staggering $340.84 million to support their applications between January and...
The Federal Executive Council (FEC) has approved the application for a $3.45 billion loan from the World Bank to finance five projects. News About Nigeria gathered...
South Africa may overtake Nigeria to become the continent’s largest economy, according to IMF projections. The World Economic Outlook, published by the IMF, projects that by...
President Bola Tinubu marked World Poverty Eradication Day by officially launching the Renewed Hope Conditional Cash Transfer programme, aimed at benefiting 15 million households in Nigeria,...
Data released by the National Bureau of Statistics (NBS) on Monday revealed that Nigeria’s headline inflation rose to 26.72% in September from the 25.80% recorded in...
Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has warned President Bola Tinubu against fresh borrowings. Issuing this warning in a statement made...
Former Kaduna Senator, Shehu Sani has warned that lifting the ban on the importation of items that are produced locally is a disastrous economic strategy. Issuing...
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu has commended the apex bank following its decision to lift the forex ban imposed...
The Central Bank of Nigeria has lifted Foreign exchange restrictions earlier placed on the importation of some items. A substantial modification has been made to the...