In October 2023, Nigeria experienced a surge in its inflation rate, reaching 27.33%
Nigeria witnessed a surge in headline inflation, reaching 27.33% in October 2023, up from September's 26.72%. This marks a 0.61% point increase month-on-month and...
The official market sees the Naira depreciating to N1,000 per US dollar
In spite of recent efforts by the Central Bank of Nigeria to bolster the foreign exchange market, the naira concluded Thursday's trading on the...
Alaba Market traders oppose Lagos’ proposal to demolish the secretariat
Traders at Alaba Market in Lagos State strongly oppose the Lagos State Government's plan to demolish their administrative block and secretariat, making way for...
The Naira’s value falls to N1,180 per US dollar in the unofficial exchange market
Yesterday, the Nigerian naira faced a decline in its value, dropping from N1,170 per dollar to N1,180 per dollar in the informal exchange market....
Ladipo Market in Lagos engulfed by a midnight fire, resulting in significant property damage
The well-known Ladipo Pako Market located on Iganmu Road in Orile, Lagos, was engulfed in a devastating overnight blaze this past Tuesday.
Adeseye Margaret, the...
