Tuesday, October 1, 2024

In Focus

Naira resumes decline as CBN faces more FX backlog

The naira weakened on Wednesday despite efforts by the central bank to clear a backlog of matured foreign-exchange forward contracts. The naira fell to...

Tinubu signs budget with SUVs for wife’s office despite criticism

President Bola Tinubu has signed into law a ₦2.2 trillion supplementary budget, despite widespread criticism from citizens facing a cost-of-living crisis. The budget includes...

Science says Nigeria faces more lightning risks. These tips can save lives

Lightning strikes and deaths used to be relatively uncommon and not a major concern in the face of the many risks and challenges Nigerians...

Why naira is suddenly gaining against dollar

The injection of dollars into the Nigerian foreign exchange market and the central bank’s interest rate hikes are working in favour of the naira,...

Inside the youth-led campaign that halted Ghana’s toxic coal project

Chibeze Ezekiel understood the looming danger after the Ghanaian government announced the construction of a 700-megawatt coal power plant in the country’s central region. The plant,...

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