UPDATE: Old N1000, N500, N200 Notes Remain Legal Tender - Supreme Court   The Supreme Court has reiterated its order that the old naira notes of N200, N500, and N1000 notes remain legal tender. The court also said it will deliver judgement...

MSMEs Battle For Survival As Cash Crunch Worsens   Micro, Small and Medium Enterprises (MSMEs) are contending with a barrage of constraints now worsened by the cash crunch nationwide, as analysts predict further decline in Nigeria’s economy. The furore and civil unrest...

Fed Govt Reopens Shut Oil Wells, Projects N29trn Annual Revenue   The Federal Government is reviving shut-in crude oil wells in a bid to produce about 2.1 million barrels of oil daily, with an estimated worth of N2.4tn monthly, from various...

Amid FG Borrowings, Money Supply Reached N53.27trn In January   On the back of the federal government increased borrowing, money supply (M3) in the economy increased to N53.27 trillion in January 2023, representing a 17.87 per cent Year-on-Year (YoY) increase from...

'N24bn Lost To Flight Delays In 2022'   A new report compiled by some aviation professionals has estimated that over $52.7m was lost annually to flight delays. In the analysis of the cost impact of a flight delay which has become rampant...

Report Reveals Kerosene Soared By 136% To N1,105 In December, 2022   The average retail price per litre of household kerosene rose by 136 per cent to N1,105 in December 2022 from N468 in the same period of the previous year,...