Tuesday, February 25, 2025

Economy

CBN postpones interest rate meeting as old leadership resigns

The Central Bank of Nigeria has postponed its monetary policy meeting. It comes a week after President Bola Tinubu appointed Olayemi Cardoso as CBN governor,...

Naira at record low on black market, inches closer to 1000 to dollar

Naira fell to a record low on the black market on Wednesday, edging closer to 1000 to a dollar, as Nigeria’s foreign exchange problems...

Crude oil surges to 10-month high, a headache for Nigeria

Global oil prices surged close to the $95 per barrel mark on Monday as investors pay attention to the possibility of a widening supply...

Audit finds 38,000+ ton discrepancy in Nigerian mineral shipments

Mining firms shipped more than 38,000 tons of solid minerals from Nigeria and were apparently allowed by the customs service without required permit from...

Unemployment data: NBS faces more scrutiny, disowns comment

Nigeria’s former statistician-general, Yemi Kale, has faulted the new methodology adopted by the National Bureau of Statistics in computing Nigeria’s unemployment data. Mr Kale said...

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