Friday, August 21, 2026
Economy
Inflation rate in Nigeria rises to 27.33% in October 2023
The Inflation rate in Nigeria has risen for the tenth consecutive times in October 2023. According to the report released by the...
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All banknotes issued by us remains legal tender – CBN
The Central Bank of Nigeria (CBN) has stated that every banknote issued by it remains legal tender and should not...
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JUST IN: FG approves N2.2 trillion supplementary budget for 2023
The Federal Government has approved a N2.18tn supplementary budget for the 2023 fiscal year to “fund urgent issues including national...
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FULL LIST: States & FCT Internally Generated revenue in 2022
The 36 states in Nigeria and the Federal Capital Territory generated N1.93 trillion in 2022 Internally Generated Revenue, the National...
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CBN lifts forex ban on 43 items, full list
The Central Bank of Nigeria (CBN) has lifted the ban it placed on importers of 43 items from accessing foreign...
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Food prices continue to soar in Nigeria as inflation hits 25.80%
The prices of food has continued to soar in Nigeria as inflation in August 2023 increased to 25.80%, the highest...
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NERC hikes electricity meter price by 40%
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the prices of prepaid electricity meters within the country....
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Nigeria’s daily petrol consumption dropped by 16.8% in July – report
The average daily consumption of petrol in Nigeria dropped to 52 million litres in July 2023, according to the Nigerian...
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Tinubu establishes presidential CNG initiative, targets nationwide adoption
PRESIDENT BOLA TINUBU APPROVES ESTABLISHMENT OF THE PRESIDENTIAL CNG INITIATIVE; TARGETS NATIONWIDE ADOPTION WITH WORKSHOPS FOR SMOOTH TRANSITION TO CNG-FUELLED...
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Subsidy Palliative: FG gives states N5bn to buy rice, maize
The Federal Government has approved N5bn for each state and the Federal Capital Territory (FCT) to enable them to buy...
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