The Central Bank of Nigeria (CBN) has authorized the sale of dollars to Bureau de Change (BDC) operators at a rate of N1,580 per dollar in a bid to improve liquidity in the foreign exchange market.
In light of the recent hike in petrol prices and ongoing food supply challenges facing the country, economists have cautioned that the number of Nigerians living below the poverty line could soon surpass the 104 million projected by the World Bank for 2023.
Petrol: Dangote Refinery to Supply 25m Litres Daily in Sept — NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote Refinery will supply the Nigerian market with 25 million litres of Premium Motor Spirit (PMS) daily...
President Bola Tinubu says Africa holds vast opportunities for investments, growth, and development with its vibrant population, productive economy, and natural resources.
FCT Civil Servants Lament Continued Delay in Minimum Wage Implementation
As Nigerians' economic situation continues to deteriorate, federal civil servants in the FCT have decried the prolonged delay in implementing the new minimum wage of N70,000.
The News Agency of Nigeria...
According to Dr. Joseph Ochogwu, the Director General of the Institute for Peace and Conflict Resolution (IPCR), Nigeria has continued to grapple with existential threats to peaceful coexistence, unity, human security and sustainable growth.