Economy NBS Data: Lagos, Rivers, FCT lead as they generated N1.93tn in IGR biztv24October 24, 2023 October 24, 2023 NIGERIA, Oct. 24 – Nigeria states of Lagos, Rivers, and the Federal Capital Territory (FCT) top the chart of t... 05500
Economy New CBN Governor to clear dollar debts, suspend intervention loans biztv24September 27, 2023 September 27, 2023 NIGERIA, Sept. 27 – The new Central Bank of Nigeria’s Governor, Olayemi Cardoso, has stated that he will give more atten... 14600
Economy Nigeria’s Economic Growth will slow to 2.9% because of inflation – IMF biztv24October 11, 2023 October 11, 2023 NIGERIA, Oct. 11 – The International Monetary Fund (IMF), has predicted that inflation will slow Nigeria’s economic growth to... 04000
Economy Nigeria likely to loose more Multinationals in 2024 – Report biztv24January 12, 2024 January 12, 2024 NIGERIA, Jan 12 – A new report by a financial solutions firm, Cardinal Stone has it that multinational firms in the Fast Movin... 03800
Economy Naira drops further to 1,233/dollar at parallel market biztv24December 26, 2023 December 26, 2023 NIGERIA, Dec 26 – The Naira struggles for survival as pressure intensify on the currency of Africa’s biggest economy. The na... 03600
Economy Naira Under Pressure: IMF says Nigeria is free to seek dollar loan to rescue its currency biztv24October 16, 2023 October 16, 2023 NIGERIA, Oct. 16 – The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek... 13500
Economy Nigeria’s Inflation Rate Increased by 0.9% in November to 28.2% – NBS biztv24December 18, 2023 December 18, 2023 NIGERIA, Dec. 18 – The annual inflation rate of Nigeria has risen for the 11th consecutive months in a row, taking the value f... 03400
Economy Naira scarcity Persist, traders ration cash as POS operators blame Banks for double standard biztv24January 2, 2024 January 2, 2024 NIGERIA, Jan. 2 – Nigeria’s current cash scarcity is biting hard on people in the remote parts of the country. Some rural farm... 03400
Economy Nigeria’s naira drops to a record 980 to dollar on black market – abokiFx biztv24September 20, 2023 October 2, 2023 NIGERIA, Sept. 20 – Nigeria’s naira fell to a record low on the black market on Wednesday, driven mostly by speculative... 03300
Economy Naira Stabilization: CBN will spend $3bn loan to stabilize economy – NEC biztv24September 29, 2023 September 29, 2023 NIEGRIA, Sept. 29 – The National Economic Council (NEC) on Thursday also emphasized that the $3bn emergency loan-for-crude oil... 03300