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Finance & Economy - Page 145

Trump’s Inauguration : Full List of World Leaders To Attend

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

The Consumer Price Index (CPI) showed that headline inflation rose 3.0% year-on-year in September, slightly lower than expected, while core inflation held at 3.1%.

October 25, 2025

Agro-Economy·Business·News·World News

French Minister Launches Agri-Food Platform To Boost Nigeria Ties

In a move strengthening ties between France and Nigeria, Minister Olivier Becht inaugurated the “Food for Nations” agri-food platform on Friday. “This collaboration marks an exciting milestone,” Becht stated, emphasizing the platform’s role in fostering bilateral trade and cooperation. “France recognizes the promising

November 25, 2023

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Finance & Economy·News

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

The Central Bank of Nigeria (CBN) has hinted on the plan to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). This entails commercial banks in the country being required to raise additional capital to meet the demands

November 25, 2023

CBN Governor Predicts Decline In Inflation, Exchange Rates In 2024

Business·Finance & Economy·News

How CBN Strayed From Core Mandate- Cardoso Vows Realignment

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has unveiled it vision to recalibrate the apex bank’s direction, citing how it strayed away from it core mandate during the previous administration. Highlighting a departure from past practices at the annual bankers’ dinner in

November 25, 2023

Agro-Economy·Business·News

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

In a disconcerting revelation from the latest stew index report by PricePally, the expense of preparing a pot of beef stew surged by 17 percent in 2023, painting a worrisome picture of escalating financial burdens for households across Nigeria. “Amid the price

November 24, 2023

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Currency·News

Naira Slides To N956/$ As Dollar Supply Dwindles

Amidst a 13.78% plunge from its Wednesday closing rate, the Nigerian naira tumbled to N956 against the US dollar on Thursday, marking a distressing downturn in the forex market. According to data sourced from the FMDQ Securities Exchange, the alarming drop was

November 24, 2023

Agro-Economy·Business·News

Nigerians’ Household Spending Surges To N61.07 Trillion Despite Soaring Inflation- NBS

The National Bureau of Statistics (NBS) revealed in its Expenditure and Income Gross Domestic Product (GDP) report that Nigerians spent N61.07 trillion on household consumption in the first half of 2023. This figure represents a 2.83% increase compared to the same period

November 24, 2023

Finance & Economy·News

How NNPCL Paid Idle Kaduna Refinery Workers For 20 Years – Speaker Abbas

The Speaker of the House of Representatives, Tajudeen Abbas, yesterday said that for Nigeria to avoid more wasteful years of non-performing public assets in the oil sector, the Nigerian National Petroleum Company Limited, (NNPCL) must come up with creative ways for optimal

November 24, 2023

Business·Currency·News

Former Finance Minister Says Nigeria’s FX Crisis Worthy Of Guinness World Records

In an assessment of Nigeria’s economic turmoil, former Minister of Finance, Kalu Idika, expressed profound concern over the country’s foreign exchange crisis, suggesting it merits a place in the Guinness World Records. His remarks followed President Bola Tinubu’s recent claims about his

November 23, 2023

News·Oil & Gas·World News

UK Energy Price Surge Worsens Cost-of-Living Crisis

In the wake of escalating energy costs, households across the UK brace for a harsh winter as the regulatory body Ofgem announced a rise in the price cap on energy bills. With the cost-of-living crisis intensifying, Ofgem highlighted that the surge, effective

November 23, 2023

Business·News·Oil & Gas

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

The Nigerian military has seized over 500,000 litres of stolen crude oil as part of an intensified crackdown on illicit activities in the country’s oil-rich Niger Delta region. Maj.-Gen. Edward Buba, Director of Defense Media Operations, declared the success of Operation Delta Safe. Speaking at a

November 23, 2023

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Finance & Economy - Page 145

US Inflation Lands as Shutdown Risks Starving Fed of Jobs Data for Rate Cuts

French Minister Launches Agri-Food Platform To Boost Nigeria Ties

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

How CBN Strayed From Core Mandate- Cardoso Vows Realignment

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

Naira Slides To N956/$ As Dollar Supply Dwindles

Nigerians’ Household Spending Surges To N61.07 Trillion Despite Soaring Inflation- NBS

How NNPCL Paid Idle Kaduna Refinery Workers For 20 Years – Speaker Abbas

Former Finance Minister Says Nigeria’s FX Crisis Worthy Of Guinness World Records

UK Energy Price Surge Worsens Cost-of-Living Crisis

Nigerian Military Seizes Over 500,000 Litres Of Stolen Crude Oil In One Week

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