Economy

FX shortage worsens, Naira depreciates to 980/dollar The naira continued its downward trend after exchanging to the dollar at 980/$ at the parallel market on Wednesday. A week earlier,…

Collaboration panacea for Blue Economy growth --- NHS By Lawrence Audu Collaboration amongst stakeholders in the maritime has been identified as the surest way to enhance security and…

Senate committee seeks improved funding for PRODA on pencil production The Senate Committee on Science, Technology and Innovation, has called for improved funding for Projects Development…

NEPC, NAQS partner on treatment of hibiscus for export The Nigerian Export Promotion Council (NEPC) says it will partner with the Nigeria Agricultural Quarantine Service (NAQS) on the…

Nigeria’s CPI hit 19.64% in July 2022 Nigeria’s Consumer Price Index (CPI), which measures the level of price change in goods and services, hit 19.64 per cent in July 2022 from the 18.60…

Amid fiscal risks, FG borrows N2.45tn from CBN The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances rose from N17.46tn in December…

Naira gains against dollar The Naira on Tuesday appreciated against the dollar at the Investors and Exporters window, exchanging at N428.75. The figure represented an increase of 0.52…

China intensifies crackdown on cryptocurrency hype, speculation China’s internet watchdog on Tuesday said it had intensified a crackdown on illegal online information that may lead to…

Economy: Nigeria tops World Bank debtors’ list Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal…

Naira appreciates against the dollar, trades N695 at parallel market The Naira on Monday appreciated at the parallel market, as it exchanged for N695 for one dollar, representing a gain…