As Nigeria’s agricultural sector experiences a significant shift in the market dynamics of paddy, the country is witnessing a notable …
Read More »Naira’s Fluctuating Fortunes: Parallel Market Sees Appreciation to N1,060/$ as NAFEM Depreciates to N1,154.08/$
Nigeria’s currency, the Naira, experienced a significant swing in its exchange rates across different markets yesterday. While the parallel market …
Read More »FG Unveils Advanced Mechanisation Plan to Boost Food Production and Empower Farmers
The Federal Government of Nigeria has declared its commitment to advance agricultural mechanisation, with a holistic approach to empower farmers …
Read More »FG Revenue Rising, Nigeria’s Economy Moving in the Right Direction: Minister Wale Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, expressed optimism about the country’s economic outlook, stating …
Read More »Nigeria’s Inflation to Drop to 23% by 2025: IMF Forecasts Economic Growth
The International Monetary Fund (IMF) has forecasted a substantial decrease in the country’s inflation rate to 23 percent by 2025. …
Read More »Abuja Witnesses 19% Drop in Rice Price Amid Rising Inflation
The price of a 50-kilogram bag of locally parboiled rice has seen a significant decrease of 19% in Abuja, Nigeria, …
Read More »NNPCL Reaffirms Full Recovery of Petrol Import Costs, Dismisses Subsidy Claims
The Nigerian National Petroleum Company Limited (NNPCL) has firmly stated that it has fully recovered the costs incurred from importing …
Read More »Naira Plummets to N1,100 per Dollar in Parallel Market Amidst NAFEM Depreciation
The Nigerian Naira experienced a significant depreciation in both the parallel market and the Nigerian Foreign Exchange Market (NAFEM) on …
Read More »Naira Surges to N1,000 per Dollar at Parallel Market; Goldman Sachs Predicts Further Appreciation
The Nigerian Naira has continued its upward trend, reaching a new milestone of N1,000 per US dollar at the parallel …
Read More »Reno Omokri Urges Nigerians to Support Local Products to Boost Naira Value
In an effort to strengthen the Naira and reduce the dollar exchange rate, sociopolitical analyst Reno Omokri has highlighted 26 …
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