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NBS: CoHD in Nigeria Rises By 19.2%

The National Bureau of Statistics (NBS) has reported that the national average cost of a healthy diet in the country increased to N1,241 in June, representing a 19.2 per cent increase compared to N1,041 in the previous month. 

Edun: FG, US To Strengthen Ties For Economic Prosperity 

Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has emphasized the Federal Government's commitment to promoting economic growth and providing socioeconomic solutions. 

FG Lifts Suspension on Arik Air

FG Lifts Suspension on Arik Air Nigerian Airspace Management Agency, NAMA, has lifted the ban on Arik Air’s aircraft. Director of public affairs and consumer protection at the NCAA, Mr Michael Achimugu, who made the disclosure on X, formerly Twitter, said the dispute between the airline...

Naira Closes at N1,597/$ as Dollar Supply Rises to 141.99m

Naira Closes at N1,597/$ as Dollar Supply Rises to 141.99m The naira closed at the rate of N1,596 against the United States dollar on Thursday, maintaining the same rate as it closed on Wednesday. The naira traded at an intra-day high of N1,616 and a low...

FG Halts Plan to Sell N40,000 Subsidised Rice to Civil Servants

FG Halts Plan to Sell N40,000 Subsidised Rice to Civil Servants The Federal Government has suspended the proposed sale of subsidised rice to civil servants. It has, therefore, withdrawn the circular in which it directed civil servants interested in subsidised rice to apply. This was made known...

Net FX Inflows Rises 55% to $25.4bn in Six Months – CBN

Net FX Inflows Rises 55% to $25.4bn in Six Months – CBN The Central Bank of Nigeria (CBN) has revealed that net foreign exchange inflows rose to $25.4 billion between January and June, marking a 55 percent year-over-year increase. This growth has been driven by a...