Economic

Latest Economic News

CBN Orders Bank Directors with Bad Loans to Resign Immediately

The Central Bank of Nigeria (CBN) has directed bank directors with non-performing

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EFCC, CAC Strengthen Collaboration to Fight Corruption

The Economic and Financial Crimes Commission (EFCC) and the Corporate Affairs Commission

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Nigeria’s Inflation Drops to 24.48% in January After CPI Rebasing – NBS

The National Bureau of Statistics reported Nigeria’s inflation rate fell from 34.8%

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Naira rises to N1,555/$ in parallel market

The Naira yesterday appreciated to N1,555 per dollar in the parallel market

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Airtel Raises Data Prices by Up to 50% Amid Rising Costs

Airtel Nigeria, the country’s second-largest telecom operator, has increased its data pricing

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Senate Seeks Partnership with South Korean Firm to End Nigeria’s Grid Collapse

The Senate, through its Committee on Power, is considering a partnership with

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Osun Monarch in FBI Custody for Alleged $4.2 Million COVID-19 Fraud

The United States Federal Bureau of Investigation (FBI) arrested Joseph Oloyede, the

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FCTA Launches E-Ticketing System for Traffic Offenders in Abuja

The Directorate of Road Traffic Services (DRTS) under the Federal Capital Territory

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FIRS Begins Trial of Binance Over Alleged Tax Evasion

The Federal Inland Revenue Service (FIRS) began the trial of Binance, a

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Nigeria’s REA Reports Over 20,000 Communities Lack Electricity

The Rural Electrification Agency (REA) announced on Monday that more than 20,000

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