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Finance & Economy - Page 161

Tinubu Engages Labour Leaders in Midnight Meeting Over Planned National Protest

President Tinubu on Tuesday night held a closed-door meeting with the leadership of the Nigeria Labour Congress (NLC) at the State House, Abuja, as efforts intensified to avert a proposed nationwide protest by organised labour over Nigeria’s worsening insecurity. Prime Business Africa

December 17, 2025

Finance & Economy·News

Lagos, Rivers, FCT Lead As States Generate N1.93tn – NBS

Lagos, Rivers, and the Federal Capital Territory (FCT) emerged as the frontrunners in state-generated revenue, with a collective total of N1.93 trillion in 2022. Data released by the National Bureau of Statistics (NBS) on Monday revealed that the nation’s states saw their

October 24, 2023

Business·Currency

Kenyan Shilling Hits Low At 150 To US Dollar Amid Economic Challenges

The Kenyan shilling, battling multiple economic headwinds, reached an unprecedented low of 150 shillings to the US dollar on Monday, exacerbating the financial woes of Kenyan citizens grappling with soaring inflation and new taxes. The shilling has been on a sustained decline

October 24, 2023

Tinubu Threatens To Shock Naira Speculators With N500/$1 Exchange Rate

Finance & Economy

Tinubu Vows To Re-float Nigeria’s Economy After Floating Naira

As the naira continues its free fall exchanging N1200/$1 today in the parallel market owing to the floating of the currency mid-June, President Bola Tinubu has vowed to clear foreign exchange contracts backlog discouraging investor confidence. Speaking at the ongoing Nigeria Economic

October 23, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·News

Naira Drops Further To N1,186/$1 Amid Nigeria’s Economic Turbulence

In the backdrop of a turbulent week for Nigeria’s economy, the naira witnessed a fresh low of N1,186 against the US dollar in the unofficial market. This decline can be attributed to the demand for the greenback. An interesting twist in this

October 22, 2023

Agro-Economy·Business

Nigeria’s Palm Oil Imports From Malaysia Soar By 65.3% In 2023

Nigeria’s palm oil imports from Malaysia, a global palm oil giant, surged by 65.3% during the first nine months of 2023. READ ALSO: Nigeria Fails To Pluck Low-hanging Fruits, Imports N300bn Palm Oil In 6 Years According to data from the Malaysian Palm

October 22, 2023

Finance & Economy·News

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

The Nigerian government has restructured its debt to the Central Bank of Nigeria (CBN), resulting in a reduction of the owed amount to N4.36 trillion as of June 2023, according to data from the CBN’s quarterly statistical bulletin. This change follows

October 22, 2023

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business·News·Oil & Gas

Petrol Price Jumped To N626.21 In September – NBS

NBS) on Saturday disclosed that the average retail price of a litre of premium motor spirit (otherwise called petrol) increased from N191.65 in September 2022 to N626.21 in September 2023.

October 21, 2023

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Currency·News

ACTN Tasks Nigerian Govt On Tackling Widening Naira-Dollar Disparity

The Association of Corporate Treasurers of Nigeria (ACTN) has voiced their concern about the ongoing depreciation of the Naira against the dollar.

October 21, 2023

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

The naira has experienced a 5.4% decline affecting both the official and black markets. The official rate on the NAFEM closed at N808/$1, while the parallel market saw N1170/$1. This downturn marks a new low for the Naira, as it hasn’t faced

October 21, 2023

Labour·News

NLC Strike Loading? Here’s Why Nigerian Govt’s MoU With Labour Is Under Threat

The Nigerian economy may be heading for a shutdown owing to a looming total industrial action by the organized labour. This is due to the current threat faced by the October 2 agreement between the Federal Government and Nigeria Labour Congress (NLC)

October 20, 2023

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Finance & Economy - Page 161

Tinubu Engages Labour Leaders in Midnight Meeting Over Planned National Protest

Lagos, Rivers, FCT Lead As States Generate N1.93tn – NBS

Kenyan Shilling Hits Low At 150 To US Dollar Amid Economic Challenges

Tinubu Vows To Re-float Nigeria’s Economy After Floating Naira

Naira Drops Further To N1,186/$1 Amid Nigeria’s Economic Turbulence

Nigeria’s Palm Oil Imports From Malaysia Soar By 65.3% In 2023

Nigerian Govt Restructures CBN Debt To N4.36tn In 2023

Petrol Price Jumped To N626.21 In September – NBS

ACTN Tasks Nigerian Govt On Tackling Widening Naira-Dollar Disparity

Naira Exchange Rate Dips 5.4% To N808/$ Official, N1,170/$1 Black Market

NLC Strike Loading? Here’s Why Nigerian Govt’s MoU With Labour Is Under Threat

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Finance & Economy - Page 161

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