External Reserves Drop By $1.5bn In Four Months - CBN   The country’s external reserves fell by $1.5bn in four months, figures obtained from the Central Bank of Nigeria (CBN) has revealed. Latest figure on movement of the external reserves by the...

NGX Retains Upswing As Investors Gain N137bn   The market capitalisation of the Nigerian Exchange Limited (NGX) gained N137bn at the close of trading on Tuesday, maintaining its positive trend this week. Similarly, the All-Share Index also appreciated by 0.48 per cent...

Import Bill On Manufactured Goods Drops By 18.4% To N2.45trn   The value of manufactured goods imported into the country fell to N2.448 trillion in the fourth quarter ended December 31, 2022 as the government tightens the noose on importation of...

Report Reveals Forex Turnover Crashes By 47%   The foreign exchange turnover of Naira against the United States of American dollar on the Investors & Exporters window fell by 47.08 per cent in April. This was disclosed in the monthly report of...

Journalists Must Pay Closer Attention to State Budgets - Isiaq Ajibola   The former Managing Director of Daily Trust Newspapers, Alh Isiaq Ajibola, has tasked journalists to deepen their investigation of state governments' budgets. The senior journalist said the media must begin...

CISLAC Decries Poor Impact of Investments on Defence Sector   Nigeria's peace, security, sovereignty, and territorial integrity are threatened by persistent violent conflicts arising from traditional and non-traditional security threats. This is according to a communique issued by the Civil Society Legislative...