Naira hits N860 at black market, a blow to moves to unify exchange rates
The naira fell to its lowest on the parallel market on Wednesday, trading at 860 to the dollar, and once again widening the gap...
NNPC increases price of petrol to N617
The Nigerian National Petroleum Corporation has increased the price of petrol from N537 to N617.
Multiple NNPC fuel stations in Abuja sold the product at...
Nigeria monthly inflation at 7-year high after fuel subsidy removal
Nigeria recorded its highest monthly inflation rate in seven years in June, after President Bola Tinubu scrapped petrol subsidy and allowed the devaluation of...
Naira’s rapid fall prompts CBN intervention
The Central Bank of Nigeria is intervening to prevent the naira from falling more rapidly a month after the government eased controls for the...
Tinubu seeks N500 billion support for Nigerians after fuel subsidy removal
President Bola Tinubu has asked the National Assembly to authorize his government to spend N500 billion in supporting Nigerians following his government's removal of...