Naira drops to six-month low at parallel market
The naira fell to N780 a dollar at the parallel market on Friday, trading at its lowest rate in at least nearly seven months.
The...
Seeking to tame rising prices, CBN raises interest rate again
The Central Bank of Nigeria has raised its key interest rate to the highest level in at least a decade as it continues to...
Scorecard is out: CBN’s naira redesign weakened Nigerian economy
The Central Bank of Nigeria-induced naira crunch between January and March weighed down on the economy leading to a decline in growth, the National...
Buhari’s “Grow what you eat or die” comment angers Nigerians
President Muhammadu Buhari faced criticisms on Tuesday for saying his decision to close the borders was a way of telling Nigerians to "grow what...
Buhari leaving without fixing refineries as Dangote Refinery opens
President Muhammadu Buhari has commissioned the 650,000 barrels a day (b/d) Dangote Refinery in Lagos at an event attended by politicians and business leaders.
With...