Economy

Markets & Investing

Nigerian banks cut forex payments to foreign travellers

Plu Team -
Major Nigerian banks announced new amounts they will be paying as personal travel allowance...
Economy

After long delay, CBN finally confirms old naira notes still in use

Jane Kalu -
The Central Bank of Nigeria has finally confirmed that Nigerians can continue to spend...
Consumer

No cash, no garri: Naira crisis punishes Nigerians more, CBN silent

Jane Kalu -
Nigerians are paying dearly for the government’s mishandling of its currency replacement policy, with...
Companies

Naira shortage forces Heineken’s February sales to 15-year low

Plu Team -
Heineken NV, world’s second largest brewer, says it had its worst February in 15...
Politics

Policy Impact: How governorship poll shift will affect Nigerians

Plu Team -
Nigeria’s electoral commission on Wednesday announced a surprise postponement of governorship and state assembly...
Development

For peace, Nigeria won’t mention religion in 2023 census

Jane Kalu -
Nigeria’s national census this year will again not survey religion and ethnicity of citizens...
Food

Nigeria’s ‘significantly deteriorating’ food crisis threatens 25m people

Plu Team -
Over 25 million Nigerians will likely face acute food insecurity this year, significantly higher...
Economy

Supreme Court orders CBN to allow use of old naira notes

Plu Team -
The Supreme Court of Nigeria has ruled on the validity of old naira notes...
Economy

Nigeria’s naira crisis choking small businesses

Jane Kalu -
Christian John fears he might soon be forced to relocate from Abuja where he’s...
Economy

Nigeria’s economic growth slowed in last quarter of 2022

Plu Team -
Nigeria's economic growth slowed to 3.52% in the fourth quarter from 3.98% a year...
Politics

Supreme Court ruling on naira scarcity will come after presidential election

Plu Team -
The Supreme Court says it will need more time to give a decision on...
Economy

IMF says Nigeria inflation figures have for years been wrong

Plu Team -
Nigeria has been using outdated figures to calculate consumer price indices for years, meaning...
Small Business

Gov. Adeleke’s first bill to Osun lawmakers appears to reveal a priority

Plu Team -
Governor Ademola Adeleke of Osun state says he will soon be ready with his...
Economy

Russia’s oil production cut may be good news for Nigeria

Plu Team -
Russia will reduce crude oil production by 500,000 barrels per day from March after...
Economy

Nigeria opens $1.5 billion ‘game changer’ seaport in Lagos

Plu Team -
Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected...
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