Naira crashes on official market to 980/dollar after CBN unbans items
The naira hit a record low of 980 per dollar on the official market on Tuesday, less than a week after the central bank...
South Africa to topple Nigeria as Africa’s largest economy
Nigeria is projected to lose its position as Africa's largest economy to South Africa next year, according to the International Monetary Fund.
The IMF’s World...
Nigeria inflation at 26.7% in September – fastest in 20 years
The National Bureau of Statistics says Nigeria’s headline inflation rate increased to 26.72 percent in September, the highest in 20 years.
The NBS disclosed this...
Oil spill at Shell facility fouls Bayelsa community
Residents of Peremabiri community in Bayelsa state's Southern Ijaw local government area say an oil spill from a Shell Petroleum facility has polluted water...
Tinubu’s EFCC chair appointment breaks with tradition and law
President Bola Tinubu has appointed Olanipekun Olukoyede as new chairman of the anti-graft body, Economic and Financial Crimes Commission (EFCC).
Mr Olukoyede will replace Abdulrasheed...