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CBN spent $8bn to Defend Naira against Dollar at FX Market – Rewane

The Chief Executive Officer of Financial Derivatives, Bismark Rewane, has revealed that the Nigerian government, through the Central Bank of Nigeria (CBN).

Telecos Tariff Hike: Airtel Introduces New Data, Call Rates

Airtel Nigeria, the country’s second-largest telecom operator, has revised its data pricing structure, implementing a tariff adjustment.

Inflation Rate Drops to 24.48%

Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent.

20,000 Communities without Electricity in Nigeria – REA

The Rural Electrification Agency (REA) has inaugurated a 550kWp solar hybrid mini-grid project in Bakin Ciyawa and Kwande communities.

CBN Pursues Stronger Nigeria-Middle East Trade Ties

The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, has called for stronger economic ties between Nigeria and the Middle East.

FG Mulls N2.3tn Electricity Subsidy in 2025

The Federal Government may spend N2.36tn on electricity subsidies for low-income consumers in 2025.