Monday, February 24, 2025

Jane Kalu

Bank of America sees Nigeria inflation at 30% after subsidy removal

Consumer prices in Nigeria are likely to rise by 30% by the end of the year from 22.4% in May, after petrol prices rose...

Online bank Eyowo lays off workers as it pivots after CBN revoked licence

Digital bank Eyowo says it is laying off 11% of its workforce as it changes its business model to financial intelligence following the revocation...

Customers rush as banks buy dollars online at rates better than black market

Bank customers went into a frenzy on Tuesday after learning some banks had set up platforms to allow depositors electronically convert their dollars to...

Exclusive: Bolt explains rejecting 200% Nigeria fare hike drivers demand

Bolt has given reasons why it would not increase fares in Nigeria by as high as 200% as drivers demand in response to the...

Nigeria projected to spend entire revenue on debt in two years

Nigeria could spend more than its entire revenue on debt payment by 2025 if its current revenue levels do not improve, the Debt Management...

Latest Stories

Nigeria sues Binance for $81.5 billion in economic losses

Nigeria has filed a lawsuit against cryptocurrency exchange Binance,...

Akwa Ibom to assign traditional birth attendants to health centres

The Akwa Ibom state government has announced plans to...

Nigeria to scrap electricity bands, hike tariff for all in 36 months

Nigeria is set to abolish its current electricity tariff...

In NBS’ new inflation formular, food prices rise count less

Nigeria’s National Bureau of Statistics (NBS) announced a significantly...
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