The Naira experiences a decline to N956 against the dollar due to a 46% reduction in dollar supply
On Thursday, the naira experienced a 13.78% drop to N956/$ in the official Investor and Exporter forex window, attributed to a 46.77% decrease in...
The Central Bank of Nigeria reports positive outcomes from implemented monetary reforms
The Central Bank of Nigeria has declared that its monetary policy reforms are yielding positive results for the nation's economy.
In response to the recently...
The outstanding USSD debt owed by banks to telecommunications companies has reached N200 billion
Telecommunication firms are currently owed over N200bn by banks for Unstructured Supplementary Service Data (USSD) services, a debt that has escalated by approximately 66.67%...
Nigerians are set to experience a streamlined passport processing system soon, according to Tunji-ojo
To alleviate congestion at existing centers and streamline passport services globally, Minister of Interior, Olubunmi Tunji-Ojo, assures the establishment of new processing and collection...
Nigeria is set to import 2.1 million metric tons of rice and emerge as the leading global buyer by 2024, according to the USDA
In 2024, Nigeria is anticipated to become the leading global rice importer, importing an estimated 2.1 million metric tons, as per the latest Rice...
