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Kerosene sells for N326 per litre nationwide

The price of household kerosene has suged to N326.93 per litre nationwide. Compressed Natural Gas (CNG) known as cooking...

CBN denies Naira devaluation

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Saturday clarified that the recent jump in foreign exchange rate...

CBN devalues naira to N380/$1

Barley a week after it insisted that it was not about to devalue the naira, the Central Bank of Nigeria (CBN) yesterday...

FG Reduces Fuel Price To N125

The price of petrol has dropped to N125 from N145 following an approval given by President Muhammadu Buhari. The...

Inflation rate rises to 12.2%, highest in 21 months – NBS

The National Bureau of Statistics on Tuesday said inflation rose by 12.20 percent year-on-year in February. The inflation rate...

Nigeria suspends $22.7bn loan plan

The Minister of Finance, Budget and National Planning, Zainab Ahmed has announced that the federal government has suspended its $22.7bn external borrowing...

Coronavirus: CBN reduces interest rate on N3tn intervention fund to 5%

The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of Coronavirus on the economy.

No record of how Obasanjo, Yar’adua and Jonathan spent Abacha’s $5bn loot – FG tells SERAP

The Federal Government has revealed that they have no records of the exact amount of public funds stolen by a former military...

Naira crashes as dollar sells for N420

On Thursday, the naira exchanged between N405 and N420 to a dollar in the Bureau De Change segment of the market.

Dangote loses N240 billion in five hours due to coronavirus

Africa’s richest man Aliko Dangote suffered a huge loss due to coronavirus on Wednesday March 11, as he lost N240 billion in five...

Oil price crash: Prepare for tough time, NNPC boss tells Nigerians

Following global apprehension over likely economic collapse, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has predicted...

Dangote to produce 20,000 bpd oil from July

Africa’s richest man, Aliko Dangote, will begin production of oil from two assets he snapped up from Royal Dutch Shell Plc in...
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Italy’s coronavirus death toll shoots past 10,000

Italy has now lost over 10,000 people to the coronavirus pandemic, three times more than the deaths recorded by China, where the...

Nigeria’s Coronavirus cases hit 97 with 16 new confirmations

The Federal Government has confirmed that the total cases of COVID-19 (coronavirus) in the country as at 10:51pm, on Saturday, March...

GTB delivers 110-bed isolation centre to Lagos State

The Lagos State Government has taken delivery of a 110-bed isolation facility on Lagos Island, where confirmed cases of the novel Coronavirus...

kaduna Governor, El-Rufai tests positive for coronavirus [VIDEO]

Governor Nasir El-Rufai of Kaduna State has tested positive for coronavirus. He is in self-isolation as required by the...