Food leads commodity inflation as headline inflation rate hits 27-year high of 33.20%
The headline inflation in March 2024 hit 33.20% relative to February 2024 which stood at 31.70%. Inflation in the country has been increasing steadily...
FG launches N200 billion intervention fund for MSMEs, manufacturers in Nigeria
The Federal Government has announced the launch of N200 billion Presidential Intervention Fund for Micro, Small and Medium Scale Enterprises (MSMEs) and manufacturers in...
Outcry Leads to Closure of Abuja-Based Chinese Supermarket Following Discriminatory Policy
The Chinese supermarket located in Abuja, Nigeria, has shut its doors amidst growing outrage over its discriminatory practices.
Over the weekend, Nigerians took to social...
Forex Crisis: “We have transitioned from firefighting to strategic planning” – Cardoso
The Governor of the Central Bank, Olayemi Cardoso, has stated that the apex bank is no longer in “firefighting” mode and has now switched...
First Bank appoints Olusegun Alebiosu as acting CEO, effective immediately
First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective immediately.
This development follows the...
