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Nigeria’s external reserves hit 17-year high of $50.12bnPienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup openerCooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy pushNaira strengthens against dollar as reserves hit $50.12 billionPolice arrest seven bandits over killing of three FRSC officers in KebbiBandits kidnap 50 elders during peace meeting in ZamfaraBanks must cut terror funding, army chief tells financial sectorUniversity of Ibadan graduate credits school daddy for academic turnaroundADC and Aregbesola seek judge’s withdrawal from party chair suitDivock Origi retires from football at 31 after Milan exitNigeria’s external reserves hit 17-year high of $50.12bnPienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup openerCooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy pushNaira strengthens against dollar as reserves hit $50.12 billionPolice arrest seven bandits over killing of three FRSC officers in KebbiBandits kidnap 50 elders during peace meeting in ZamfaraBanks must cut terror funding, army chief tells financial sectorUniversity of Ibadan graduate credits school daddy for academic turnaroundADC and Aregbesola seek judge’s withdrawal from party chair suitDivock Origi retires from football at 31 after Milan exit

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Kerosene Price Drops By 6.60% In January
Finance Feb 21, 2022

Kerosene Price Drops By 6.60% In January

The National Bureau of Statistics (NBS) has said the average retail price of Household Kerosene fell by 6.60% in January...

Ezekwesili: Why more women aren’t participating in politics
Local News Mar 10, 2021

Ezekwesili: Why more women aren’t participating in politics

Obiageli Ezekwesili, a former minister of education, says more Nigerian women are not participating in politics because of “self-imposed limitations”....

Nigeria’s trade deficit worsens, hit N2.731trn in Q4 2020
Finance Mar 9, 2021

Nigeria’s trade deficit worsens, hit N2.731trn in Q4 2020

In the fourth quarter of 2020, Nigeria recorded a negative balance of trade amounting to N2.731 trillion. Total merchandise trade...

Nigeria’s Public Debt Rises By ₦2.38trn In Three Months
Finance Sep 10, 2020

Nigeria’s Public Debt Rises By ₦2.38trn In Three Months

Nigeria’s Public Debt stock increased by ₦2.381 trillion in three months, odunews.com reports. The disclosure was contained in a press...

Active Bank Accounts In Nigeria Rise To 111.5m
Finance Sep 10, 2020

Active Bank Accounts In Nigeria Rise To 111.5m

Active bank accounts in Nigeria rose from 97.485 million active accounts to 111.54 million, data from the Nigerian Inter-Bank Settlement...

Nigeria’s Foreign Trade Drops To N6.24trn In Q2 2020
Finance Sep 2, 2020

Nigeria’s Foreign Trade Drops To N6.24trn In Q2 2020

The total foreign trade by Nigeria dropped by 27.46% (6.42 trillion)  year on year in Q2 2020, when compared to...

Nigeria Records $1.2bn Capital Inflow In Q2 2020
Finance Aug 28, 2020

Nigeria Records $1.2bn Capital Inflow In Q2 2020

Nigeria’s capital inflow dropped by 78.2% in the second quarter of 2020 when compared to Q2 of 2019. The country...

JUST IN: Nigeria’s GDP Falls By 6.10% In Q2 2020
Finance Aug 24, 2020

JUST IN: Nigeria’s GDP Falls By 6.10% In Q2 2020

Nigeria’s Gross Domestic Product has decreased by 6.10% (year-on-year) in real terms in the second quarter of 2020. This is...

JUST IN: Nigeria’s Inflation Rate Hits 27 Months High At 12.82% In July
Finance Aug 17, 2020

JUST IN: Nigeria’s Inflation Rate Hits 27 Months High At 12.82% In July

Nigeria’s inflation rate rose to 12.82% in June 2020 making it the highest recorded in 27 months since March 2018...

12 Hollywood’s Cutest LGBT Couples
Entertainment Jul 29, 2020

12 Hollywood’s Cutest LGBT Couples

In the glamorous world of Hollywood, it’s always great to see celebrities falling in love. And these Hollywood LGBT couples...

Nigeria’s Unemployment Rate Rises To 27.1%
Finance Aug 14, 2020

Nigeria’s Unemployment Rate Rises To 27.1%

Nigeria’s unemployment rate has risen to 27.1% from 23.1% in the first quarter of 2018. The percentage indicates that 21,764,614...

Nigeria Generates N651.177bn From VAT In 6 Months
Finance Jul 28, 2020

Nigeria Generates N651.177bn From VAT In 6 Months

Nigeria generated N651.177bn from Value Added Tax (VAT) from January to June. This was disclosed by the National Bureau of...

PoS Transactions In Nigeria Hit N1.64trn In 5 Months — Highest In 4 Years
Finance Jul 21, 2020

PoS Transactions In Nigeria Hit N1.64trn In 5 Months — Highest In 4 Years

Transactions carried out through Point of Sale Channels increased from N1.14 trillion recorded between January and May 2019 to N1.64...

Nigeria’s Inflation Rate Increases By 12.56% — Highest In 26 Months
Finance Jul 17, 2020

Nigeria’s Inflation Rate Increases By 12.56% — Highest In 26 Months

The Consumer Price Index used to measure the inflation rate has increased by 12.6% in June 2020. This is according...

Nigeria’s Foreign Trade Drops From 10.12trn To N8.3trn In Q1 2020
Finance Jun 9, 2020

Nigeria’s Foreign Trade Drops From 10.12trn To N8.3trn In Q1 2020

Nigeria’s foreign trade, including imports and exports, reduced by 18% in Q1 2020 from N10.12 trillion in the fourth quarter...

Nigeria’s GDP Increases By 1.87% In Q1 2020
Finance May 25, 2020

Nigeria’s GDP Increases By 1.87% In Q1 2020

The Nigeria Bureau of Statistics (NBS) says Nigeria’s Gross Domestic Product expanded by 1.87% in the first quarter of 2020....

“Nigeria Will Go Into Recession”- Finance Minister
Local News May 21, 2020

“Nigeria Will Go Into Recession”- Finance Minister

The Minister of Finance, Zainab Ahmed, says Nigeria is heading towards recession. The Minister made this statement in relation to...

Nigeria’s Inflation Rate Rises To 12.34% In April
Finance May 21, 2020

Nigeria’s Inflation Rate Rises To 12.34% In April

The consumer price index which measures Nigeria’s inflation rate has increased by 12.34% in April, the Nigeria Bureau of Statistics...

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  • Nigeria’s external reserves hit 17-year high of $50.12bn
  • Pienaar backs Bafana Bafana to stun Mexico 2-0 in World Cup opener
  • Cooking gas prices soar to N2,500/kg, threatening Nigeria’s clean energy push
  • Naira strengthens against dollar as reserves hit $50.12 billion
  • Police arrest seven bandits over killing of three FRSC officers in Kebbi

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