Author : Emeka Ugwuanyi
Bread now beyond reach of many Africans, says AfDB
The African Development Bank (AfDB) said the cost of bread is now beyond the reach of many households in Africa due to food price increases
Dangote to stop sourcing forex from CBN
The Dangote Group has disclosed that it would soon stop accessing foreign exchange (forex) from the Central Bank of Nigeria (CBN). The conglomerate has also
Fuel scarcity: The refinery challenge
Experts say fuel scarcity will continue until the nation has the capacity to refine its crude oil domestically. While efforts are being made in this
BDC operators demand ew forex window amid weakening naira
The Association of Bureaux De Change Operators of Nigeria has called on the Central Bank of Nigeria to establish BDCs’ Autonomous Foreign Exchange Trading window
Nigeria’s oil production falls over poor maintenance, says World Bank
The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the loss of infrastructure efficiency. It
Nine ministers bow out from Buhari’s cabinet
No fewer than 9 members of the President, Major General Muhammadu Buhari (retd.), cabinet have resigned their appointment as ministers over their political ambition, leaving
Ngige withdraws presidential aspiration
The Minister of Labour and Employment, Sen. Chris Ngige, said that he had withdrawn his presidential aspiration to contest in the 2023 General Elections. Ngige
Naira gains by 0.24% at Investors and Exporters window
After a two-day interruption, the Naira returned stronger as it appreciated by 0.24 per cent or N1 against the green back at the Investors and
Nigerian Army pulls out 14 Infantry generals from active service
The Nigeria Army (NA) on Friday pulled out 14 Infantry generals from active service in a colourful ceremony in Kaduna. The retired officers who were
