Latest News in Nigeria – Page 11 of 35

Is CBN’s Interest Rate Strategy Worsening Nigeria’s Inflation Crisis?

The Ineffectiveness of CBN’s Rate Hikes As Nigeria faces its worst economic crisis in years, the Central Bank of Nigeria (CBN) has turned to aggressive interest rate hikes, hoping to curb inflation.

Emmanuel Ochayi

4 weeks ago

Cooking Gas: The Fire Nigerians Can’t Afford To Keep Burning

Business·FEATURES·Latest News·Oil & Gas

Cooking Gas: The Kitchen Energy Nigerians Can’t Keep Burning

Nigerians Suffer as Cooking Gas Prices Surge The price of cooking gas, a vital resource for millions of Nigerians, has soared to alarming levels, rising from N700 per kilogram in June 2023

Emmanuel Ochayi

4 weeks ago

Nigeria's Equity Market Declines As Profit-Taking Halts Rally

Business·Latest News·Markets

Nigeria’s Stock Market Continues Positive Momentum Amid Strong Earnings Reports

Stock Market Surges as Q3 Earnings Fuel Optimism Nigeria’s stock market has maintained a positive trend throughout the week, thanks to strong third-quarter (Q3) earnings reports. The Nigerian Exchange Limited (NGX) has

Emmanuel Ochayi

4 weeks ago

Cabinet Reshuffle: Presidency Clarifies Ministers Were Discharged, Not Sacked

Cabinet Reshuffle: Ministers Were Discharged, Not Sacked, Presidency Clarifies

Tinubu’s Cabinet Reshuffle Clarified The Nigerian Presidency has provided clarity on President Bola Tinubu’s recent cabinet reshuffle, stating that the ministers affected were “discharged” rather than “sacked.” The explanation comes after mixed

Emmanuel Ochayi

4 weeks ago

Nigeria’s Foreign Reserves Reach $40.2 Billion Amid Shift In Economic Policy

Business·Latest News

Nigeria’s Foreign Reserves Reach $40.2b Amid Shift In Economic Policy

Nigeria’s Foreign Reserves Surge to $40.2 Billion Nigeria’s foreign reserves have increased significantly, reaching $40.2 billion in October 2024, up from $38.4 billion in September. This news was shared by Olayemi Cardoso,

Emmanuel Ochayi

4 weeks ago

Business·FEATURES·Latest News·Oil & Gas

Petrol At N1,000 Or Gas At N200? Tinubu’s Costly Dilemma For Drivers

Petrol at N1,000: Nigerians Face a Tough Choice Nigerians are now caught between two hard realities: paying N1,000 per litre for petrol or switching to compressed natural gas (CNG) at a significantly

Emmanuel Ochayi

4 weeks ago

Business·FEATURES·Latest News·Oil & Gas

Naira-for-Crude: A Bold Gamble For Nigeria’s Refinery Future

The Dangote Petroleum Refinery recently received four cargoes of crude oil from the Nigerian National Petroleum Company Limited (NNPCL), marking the start of the much-anticipated naira-for-crude sale agreement. This development, confirmed by

Emmanuel Ochayi

4 weeks ago

Business·FEATURES·Latest News

Cooking Gas Crisis: Will Nigeria’s LPG Export Ban Be The Solution?

The Federal Government has once again intervened to curb the rising prices of Liquefied Petroleum Gas (LPG), commonly known as cooking gas. This time, the government is taking a bold step by

Emmanuel Ochayi

4 weeks ago

Bank of Canada Cuts Interest Rates As Inflation Reaches Target

Canada Cuts Interest Rates Amid Inflation Victory Canada’s central bank has reduced its key interest rate to 3.75%, marking a critical moment in its battle against inflation. After maintaining a rate of

Emmanuel Ochayi

1 month ago

Minimum Wage: Akwa Ibom Announces N80,000 For Workers

Akwa Ibom Raises Minimum Wage to N80,000 Akwa Ibom State has announced a new minimum wage of N80,000 for all its employees. The announcement was made by Governor Umo Eno in a

Emmanuel Ochayi

1 month ago

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Latest News in Nigeria - Page 11

Is CBN’s Interest Rate Strategy Worsening Nigeria’s Inflation Crisis?

Cooking Gas: The Kitchen Energy Nigerians Can’t Keep Burning

Nigeria’s Stock Market Continues Positive Momentum Amid Strong Earnings Reports

Cabinet Reshuffle: Ministers Were Discharged, Not Sacked, Presidency Clarifies

Nigeria’s Foreign Reserves Reach $40.2b Amid Shift In Economic Policy

Petrol At N1,000 Or Gas At N200? Tinubu’s Costly Dilemma For Drivers

Naira-for-Crude: A Bold Gamble For Nigeria’s Refinery Future

Cooking Gas Crisis: Will Nigeria’s LPG Export Ban Be The Solution?

Bank of Canada Cuts Interest Rates As Inflation Reaches Target

Minimum Wage: Akwa Ibom Announces N80,000 For Workers

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