Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), has spoken against the effectiveness of Nigeria’s recent economic reforms, highlighting flaws in their execution.  

Women Rights: CSOs Rejoice As UNILAG Law Lecturer Grabs UN Job Nigeria has again made positive history in the global circles with the nomination of a renowned gender activist and Convener of Womanifesto, Dr Abiola Akiyode-Afolabi to the United Nations Spotlight Initiative Global Reference Group...

Naira Sells for N1,520 per Dollar in parallel market The Naira yesterday depreciated in the parallel market to N1,520 per dollar from N1,510 per dollar on Wednesday. Similarly, the Naira depreciated to N1,510.1 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ...

Disbursement of N150bn MSMEs Loan to Commence in July The Federal Government on Thursday said the disbursement of N150bn loans to micro, small and medium enterprises and manufacturers would commence by the end of July. It also disclosed that 60 per cent of the proposed one...

Nigeria's Total Debt Rises N24.33tr as FG Borrowed N7.71tr In Q1 2024 – DMO The Debt Management Office (DMO) clarified that Nigeria’s fresh borrowing was N7.71 trillion in the first quarter of 2024. It explained on Wednesday that the fresh borrowing includes N2.81 trillion as part...

After Bearish Trend, Equity Market Rebounds with N95bn Gain The Nigerian equity market recovered from the previous day’s loss with a N94.95bn gain on Wednesday, buoyed by an appreciation by Cocoa Processors, Oando, Computer Warehouse Group and 32 other stocks. The market capitalisation and the All...