The Nigerian government has issued a warning to cement producers, stating that if they continue to raise prices arbitrarily, it may decide to open the border...
The figures issued by the National Bureau of Statistics (NBS) showed that the jobless rate increased from 4.2% in the previous quarter following the government’s elimination...
According to Fitch Ratings, a credit rating firm, the Central Bank of Nigeria’s proposed foreign currency gateway bank could negatively affect the liquidity of Nigerian banks....
After nearly 11 months of repairs, the 3.9-kilometre Runway 18R/36L of the Murtala Muhammed International Airport in Lagos has reopened, according to the Federal Airports Authority...
Governors from Nigeria’s main opposition party, the Peoples Democratic Party (PDP), have blamed the ruling All Progressives Congress (APC) for the worsening economic challenges and hardship...
The Nigerian government has called for an urgent meeting with cement manufacturers following a recent surge in the price of the product, which has seen a...
In both the official and parallel markets for foreign exchange, the value of the Nigerian naira continued to fall on Friday. Friday’s closing price on the...
Nigerian government has rejected the option of the importation of food as part of strategies to address the high cost of foodstuffs and the economic hardship...
Due to the country’s currency falling (Naira) to record lows and skyrocketing food prices, Nigeria’s inflation rate surged further in January to hit 29.90% annually. ...
One of Nigeria’s most respected traditional and religious leaders, the Sultan of Sokoto, Muhammad Sa’ad Abubakar III, believes Nigeria is sitting on a keg of gunpowder...