The consumer price index, which measures the rate of increase in the price of goods and services, rose to 15.60 percent year-on-year in January 2022. This...
Average interest rate on treasury bills fell to 3.66 per cent last week following the decision of the Central Bank of Nigeria, CBN, to reduce the...
Brent crude oil rose to $95 a barrel for the first time since October 2014 amid rising tensions between Russia and Ukraine. Brent crude futures, the...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says it will stop the sale of foreign exchange to banks by the end of the...
The Central Bank of Nigeria(CBN) has introduced a new initiative to generate $200 billion from non-oil exports and increase foreign reserves. The initiative ‘Race to $200...
Meta, the parent company of Facebook, says Nigerian customers should update their value-added tax (VAT) identification numbers by February 25. The social media giant said this...
The Nigerian National Petroleum Company (NNPC) Limited has named four companies responsible for importing bad petrol into the country which has led to an acute shortage...
The Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) says it will embark on an industrial strike over an alleged refusal of MTN Nigeria...
MRS Oil Nigeria Plc, an oil marketer, says it is not responsible for the importation and distribution of “substandard and contaminated” petrol in the country. Yesterday,...
Bitcoin price today rose above $42,000 for the first time in three weeks. In January, the digital currency fell as low as $33,000 from an all-time...