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Food prices increased by over 10% across Nigeria in February – NBS

Food prices increased by over 10% across Nigeria in February – NBS Major staple food prices across Nigeria increased by double figures month-on-month according to the NBS latest food price watch. According to the NBS Food Price Watch, on the average Food such as Garri, Rice,...

Dangote’s Wealth Rises to $15.3 Billion due to Naira Gains Against the Dollar

Dangote's Wealth Rises to $15.3 Billion due to Naira Gains Against the Dollar Africa's richest man, Aliko Dangote, has seen his wealth increase by approximately $800 million, as the Nigerian naira rallies on both official and unofficial markets. According to the Bloomberg Billionaire Index, Dangote's net...

FX Reserve to increase to $35.01 billion by end of March – CBN official

FX Reserve to increase to $35.01 billion by end of March - CBN official Muhammad Sani Abdullahi, the Deputy Governor responsible for Economic Policy at the Central Bank of Nigeria (CBN), has forecasted that Nigeria's external reserves will rise from approximately $34.98 billion to surpass...

FX Reserve to increase to $35.01 billion by end of March – CBN official

FX Reserve to increase to $35.01 billion by end of March - CBN official Muhammad Sani Abdullahi, the Deputy Governor responsible for Economic Policy at the Central Bank of Nigeria (CBN), has forecasted that Nigeria's external reserves will rise from approximately $34.98 billion to surpass...

EXCLUSIVE: How Health Ministry Scuttled Plot to Frustrate Multi-billion Naira Malaria Project

Contrary to federal lawmakers' allegation that the Ministry of Health misappropriated $300 million in antimalarial funds, an international agency is behind the attempt to frustrate the use of the money for the project in Nigeria.

Inflation Rate Predicted to Rise to 32.63% in March 2024 – CBN Official

Inflation Rate Predicted to Rise to 32.63% in March 2024 - CBN Official The Deputy Governor of the Central Bank Nigeria (CBN), Muhammad Sani Abdullahi, has predicted that Nigeria's inflation rate is expected to surge to 32.63% in March 2024. Mr. Abdullahi delivered this prediction...