Old, New Naira Notes to Co-exist Till Further Notice - Supreme Court
In a ruling on Wednesday morning, a panel of the apex court ordered that the old notes remain legal tender until necessary facilities are put in place for...
2024 Budget: Economic Recovery is Here, Says Tinubu
President Bola Tinubu has assured Nigerians that the nation’s recovery from economic challenges has come, saying the 2024 budget will set Nigeria on a transformative path towards economic growth and development.
President Tinubu...
'Nigeria's Economic Crisis Due to Bad Governance'
Poor governance, themed by a vast array of issues including fiscal recklessness constitutes the major bane to Nigeria’s crisis-plagued economy, according to a new report by Nanyang Technology University’s Centre for African Studies.
The...
Pensioners’ Assets in Domestic, Foreign Stocks Rise by 59.6 % to N1.5trn
The Net Asset Value, NAV, of Nigeria’s pension money in the domestic and foreign stock market rose to N1.54 trillion as at the end September 2023, 9M’23, indicating...
President Tinubu Seeks Fresh $8.699bn, €100m Loans
Barely one month after seeking approval for $7.8 billion and €100 million loans from the National Assembly, President Bola Ahmed Tinubu, again yesterday, asked for fresh foreign loans of $8.699 billion and €100...
Naira Steadies At Parallel Market at 1,160/$
The pressure on the foreign exchange (FX) market marginally eased on Tuesday as naira steadied against the United States dollar in the parallel market.
According to Aboki FX, the naira sold for N1,160 on...
