The Nigerian Naira has continued to decline in value against the US Dollar in the parallel market, despite the federal …
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Fire Guts Anambra Market, Millions of Naira Worth of Goods Destroyed
The Nkwo market in Umunze, Orumba South Local Government Area of Anambra State, was engulfed by a fierce fire on …
Read More »IMF Warns of Potential 35% Depreciation of Naira and 44% Inflation in Nigeria
The International Monetary Fund (IMF) has recently issued a warning to Nigeria about the potential for further depreciation of the …
Read More »President Tinubu Faces Criticism for Lack of Solutions to Nigeria’s Problems
President Bola Tinubu of Nigeria has come under fire for his inability to address the numerous challenges facing the country. …
Read More »CBN Governor Cardoso on the “Second Most Difficult Job on Earth” as Naira Nears N1,700/$ Exchange Rate
The Central Bank of Nigeria (CBN) Governor, Cardoso, opened up about the challenges he faces in his role, describing it …
Read More »Nigeria’s Inflation May Soar to 44% as Naira Value Plummets: IMF Report
According to the International Monetary Fund’s (IMF) latest post-financing assessment report, Nigeria’s economic future appears bleak. The report highlights the …
Read More »‘Stop Cursing Tinubu’ – Omokri Reveals How Nigerians Caused High Dollar Rate
In a recent statement on X, sociopolitical activist Reno Omokri addressed the issue of the high dollar rate and the …
Read More »CIBN Urges Senate to Pass Proposed Act Bill for Banking Industry Reforms
The Chartered Institute of Bankers of Nigeria (CIBN) has recently called for the Senate to pass a proposed Act Bill …
Read More »Nigeria Urged to Join BRICS and Sell Crude Oil in Naira by Falana
In a recent interview on Channels Television’s Politics Today program, human rights lawyer Femi Falana urged the Nigerian government to …
Read More »Nollywood Actress Jailed for Mishandling New Naira Notes
A Federal High Court in Lagos has sentenced Nollywood actress, Oluwadarasimi Omoseyin, to six months imprisonment for spraying and stepping …
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