Working Like Elephants, Eating Like Ants: The Stark Reality of Nigeria’s Middle Class
In Nigeria, the true definition of the middle class is under debate as discussions about income brackets flood social media.
Breaking News: National Directorate of Employment (NDE) Unveils Online Portal to Enhance Youth Skills Development
The National Directorate of Employment (NDE) has unveiled an online portal to engage 900,000 youths in skills development as part
Senate Committee Commits to Revitalizing Ajaokuta Steel plants
Adeniyi Adegbonmire, chairman of the Senate ad-hoc committee investigating activities at Ajaokuta Steel Company Limited and the National Iron Ore
Nigerian Retirees Express Frustration Over Delayed Pension Payments, Urge Government Actiona
Retirees in Anambra, Ebonyi, and Enugu States have expressed deep frustration over the delays in their pension payments, urging the
10,000 Fuel Marketers Face Shutdown Amidst Plummeting Sales and Rising Costs.
Nigeria’s fuel consumption has drastically declined due to skyrocketing prices, raising concerns among oil marketers facing substantial losses. Data from
GTBank Undergoes Regulatory Scrutiny and Faces Substantial Fines
GTBank’s infractions extend beyond Nigeria, as the bank has also faced fines in Ghana and Rwanda for similar violations of
“Obasanjo: I Increased Nigeria’s FX Reserves from $3.7 Billion to $45 Billion, Saved $25 Billion in ECA”
Former Nigerian President Olusegun Obasanjo has shared details of how he significantly increased the country’s foreign reserves from a mere
FG Moves to De-dollarise Nigerian Economy as Access, GTB, Others Adjust Exchange Rate
FG Moves to De-dollarise Nigerian Economy as Access, GTB, Others Adjust Exchange Rates. The Nigerian government is actively working to
Dangote Refinery Challenges NNPC’s Monopoly by Selling Petrol Directly to Marketers
The Dangote Petroleum Refinery has started direct supply of Premium Motor Spirit (PMS) to oil marketers, bypassing the Nigerian National
GTBank’s Technological Overhaul Leaves Customers in Financial Uncertainty: Frustration and Confusion Prevail
In the past week, customers of Guaranty Trust Bank (GTBank) have experienced significant frustration and confusion due to a major
Government Unveils Culprits Behind Escalating Food Inflation: Focus on Rice, Beans, and More
The Federal Competition and Consumer Protection Commission (FCCPC) Executive Vice Chairman/CEO, Tunji Bello, has identified grain hoarders as a key
FAAC Disbursement Reports: Wale Edun Responds to Concerns Over Naira Depreciation.
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, addressed concerns regarding FAAC disbursement and its
CBN Delays Implementation of Cash Deposit Fees
The Central Bank of Nigeria (CBN) has announced an extension of the suspension on processing fees for cash deposits exceeding
Black Market Dollar to Naira Exchange Rate for October 21, 2024: Current Trends and Insights
Current Exchange Rate: As of October 21, 2024, the black market exchange rate for the dollar to naira in Lagos
NGX Equities Market Increases by N3.3 Trillion, Reaching N59.43 Trilliona
The Nigerian Exchange (NGX) equities market capitalization increased by N3.3 trillion, reaching N59.43 trillion week on week, mainly due to
Naira Rises 2.5% as CBN Supports Local Currency with $60 Million
According to spot data from the FMDQ platform, the naira ended at ₦1,600.78 in the Nigerian independent foreign exchange window,
