businesspick

Osita Chidoka, a former minister of aviation in Nigeria, claimed that the crude oil swap may have helped the naira gain strength against the dollar during the country’s current foreign …

Amid shortage of foreign exchange, Nigeria’s inflation rate rose to 24.08% in July 2023, the highest in years. The July 2023 rate showed an increase of 1.29% points when compared …

According to Adetokunbo Pearse, a member of the People Democratic Party (PDP), Nigerians have a right to know the precise landing cost of Premium Motor Spirit (PMS). On Monday, Dr. …

World Bank President Ajaypal Singh Banga will begin a three-day visit to Nigeria on Thursday during which he will meet with President Bola Tinubu and Vice-President Kashim Shettima, the international …

President Bola Tinubu on Friday said the Federal Government will support global tech giant, Google Incorporated, to create one million digital jobs for Nigerians. Tinubu stated this while receiving Google …

With more than $500 million raised from domestic resources, multilateral development banks, and international financial institutions, the Federal Government will transform Nigeria’s food system and agro value chain. On the …

The old N200, N500, and N1,000 notes are being phased out “slowly,” according to the Central Bank of Nigeria (CBN), in favor of newly designed notes. Following the Monetary Policy …

The Monetary Policy Rate (MPR), which is used by the Central Bank of Nigeria (CBN) to measure interest rates, has been increased from 18.5 percent to 18.75%. Acting CBN Governor, …

Global stock markets wavered on Friday, a day after shares in major US tech firms took a beating and as investors brace for a week of interest rate decisions. Following …

The price of Premium Motor Spirit (PMS) popularly known as petrol has risen amid the continued decline of the naira and growing inflation in the country. Nigerians woke up on …