Economy
Devaluation Beckons As Nigeria Adopts Flexible Rate in Foreign-Exchange Policy Overhaul
In a move seen by some analysts as likely third devaluation of the local currency, Naira within 12 months, Nigeria...
Read moreDetailsFitch Affirms Nigeria’s ‘B’ Rating, Stable Outlook, Bemoans High Inflation, Weak Growth
Fitch Ratings has affirmed Nigeria’s long-term foreign-currency Issuer Default Rating (IDR) at ‘B’ and assigned the country a Stable Outlook....
Read moreDetailsOppositions To Rehabilitation Of P/H Refinery Swell As Chairman NGF, Fayemi Says More Information Needed To Justify Action
More oppositions to the proposed rehabilitation of the Port Harcourt refinery by the federal government have continued to swell with...
Read moreDetailsAMCON Takes Possession Of Centage Estate,Trade Center, Others Over N3.5bn Debt
Following the order of Honourable Justice C.J. Aneke of the Federal High Court Lagos Division, the Asset Management Corporation of...
Read moreDetailsCryptocurrency Derivative, Bybit, Adds ADA, Dot, UNI To USDT margined offerings
Cryptocurrency derivatives exchange Bybit has announced today the arrival of three new USDT trading pairs with Cardano’s ADA, Polkadot’s DOT...
Read moreDetailsWTO DG Visits CBN, Counsels Emefiele On Digital Economy, Recession
Dr Ngozi Okonjo-Iweala, the newly appointed Director-General of the World Trade Organization (WTO) on Tuesday paid a visit to the...
Read moreDetailsMore Worries For Consumers As Inflation Rises To 17.33% in February, Highest In 46 Months
More Worries for consumers reeling under low purchasing power, ocassioned by devaluation of the local currency as food prices have...
Read moreDetailsP&ID Scam: FEC Didn’t Approve Controversial Gas Supply Contract Before It Was Signed – EFCC Witness
An EFCC witness, Umar Babangida, on Monday told an FCT High Court, that the Federal Executive Council neither signed nor approved the controversial Gas...
Read moreDetailsAnalysis:At 33% Unemployment Rate, Nigeria Ranks Second Highest On Global List
Nigeria's burgeoning unemployment labour market, at 33.3 percent in the fourth quarter of 2020, has made her occupy unenviable position...
Read moreDetails23.18m Nigerians Jobless As Unemployment Rate Rises To 33.3% In Q4 2020
Nigeria’s unemployment rate Worsens with 23.18 million recorded in the fourth quarter of 2020. This represents 33.3 per cent compared...
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