No plan to phase out redesigned naira notes, says CBN
The Central Bank of Nigeria (CBN) has dismissed reports that it is considering the withdrawal of the redesigned N200, N500 and N1,000 notes from circulation. In a statement on Sunday,…
The Central Bank of Nigeria (CBN) has dismissed reports that it is considering the withdrawal of the redesigned N200, N500 and N1,000 notes from circulation. In a statement on Sunday,…
Russia’s richest people added $152 billion to their wealth over the past year, buoyed by high prices for natural resources and rebounding from the huge loss of fortunes they experienced…
As the energy industry prepares for the removal of subsidy on Premium Motor Spirit otherwise known as petrol, the Federal Government says with consideration and possible action, the policy will…
Inflation in South Africa edged higher in March with food prices recording the highest year-on-year jump in more than a decade, official figures showed Wednesday. Inflation for food and non-alcoholic…
UK inflation slowed last month but held above 10 percent on soaring food prices, official data showed Wednesday, further fuelling a cost-of-living crisis despite a series of aggressive interest-rate hikes.…
Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter. The power-hungry companies that pump new bitcoin into circulation have been thrown a lifeline by…
President Muhammadu Buhari has said the Petroleum Industry Act (P.I.A) remains his administration’s greatest achievement in the energy sector. The Act signed in 2021 aims to overhaul the petroleum sector…
The World Bank says Nigeria spent 96.3 percent of its 2022 revenue on servicing its debts. This was contained in the Macro Poverty Outlook for Nigeria: April 2023 brief released…
Introduction Inflation is a reality that affects everyone, and managing it in your personal finances is essential for long-term financial health. Fortunately, there are a variety of strategies you can…
Nigeria’s inflation rate rose to 22.04% in March 2023 compared to February 2023 headline inflation rate which was 21.91%. According to the National Bureau of Statistics (NBS)’s Consumer Price Index…