Business

‘Why CBN monetary policy is not working’

A Development Economist, Prof. Ken Ife, says Central Bank of Nigeria’s monetary policy is not working because 80 per cent of the nation’s money...

mediagem - November 19, 2022

Business

Food security: Nigeria not ready for dry season farming — Minister

Mr Muhammad Abubakar, the Minister of Agriculture, says the country is going into intensive dry-season farming beginning from December, to make sure there is...

Dorcas Tyena - November 3, 2022

Business

Food crisis may worsen in Nigeria as Russia pulls out of grain export deal

Vladimir Putin, President of Russia, has pulled out of a deal to allow the supply of grain from Ukraine’s Black Sea ports. This is coming...

Dorcas Tyena - October 31, 2022

Business

CBN destroys over N6tn banknotes under Buhari

The Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the regime of the President...

Dorcas Tyena - October 31, 2022

Business

Sheraton Abuja Hotel shuts down

Capital Hotels Plc has disclosed that the company has temporary shutdown Sheraton Abuja Hotel, amid majority stake acquisition by 22 Hospitality Limited, and disagreement...

Dorcas Tyena - October 28, 2022

Business

What change of naira notes means for your money

The move to introduce new designs of the N200, N500, and N1,000 notes by December 15; a mere 50 days from today by CBN’s...

Dorcas Tyena - October 27, 2022

Business

BREAKING: CBN to launch new Naira notes December

The Central Bank of Nigeria has announced it will launch new naira notes before the end of the year. The newly redesigned Naira notes are...

Seyi Babalola - October 26, 2022

Business

Naira loses more value against US dollar

On Tuesday, the Nigerian currency, Naira, recorded a marginal depreciation of its value at the official market. Data from FMDQ securities shows that the Naira...

Dorcas Tyena - October 26, 2022

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Latest news

BusinessApril 28, 2024

Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized the crucial role of industrialization in diversifying the economy. The Regional...

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