Bank to inflate interest rates after pound’s fall
The Bank of England has asserted that it will "not hesitate" to increase interest rates to thwart inflation after the...
Economy
For the first time since 1971, British pound crashes against dollar
For the first time since decimalisation in 1971, the British pound has plunged to its lowest level against the US...
FirstBank to stop Dollar transactions on Naira debit cards due to forex scarcity
Following the recent forex scarcity in the country, one of Nigeria’s prominent banks, First Bank has announced that from September...
FG To Increase N30k Minimum Wage Over Global Inflation
The Federal Government has disclosed plans to increase the minimum wage of workers from N30,000. This was revealed by the...
Nigerians won’t suffer petrol scarcity in December, says NNPC
The Nigerian National Petroleum Company (NNPC) says Nigerians will not encounter petrol scarcity in December and beyond. Mr. Umar Ajia,...
Senate to lessen N12 trillion 2023 budget deficit through Finance Act amendment
The house of Senate has revealed plans to tackle budget deficit proposal which was rejected by the Minister of Finance...
Emmanuel commends new partnership initiative by NDDC – Nexus News
Akwa Ibom State Governor, Udom Emmanuel, has commended the leadership of the Ministry of Niger Delta Affairs for the new...
Lagos Senator initiates N300m constituency loan
Mukhail Adetokunbo Abiru, Senator representing Lagos East Senatorial District, has provided a N300 million Constituency Intervention Revolving Loan of six...
Minister Reveals FG’s Plan To Establish Youth Banks
Sunday Dare, Minister of Youth and Sports Development has announced the government's plan to make National Youth Investment Fund (NYIF)...
CBN’s eNaira platform temporarily unavailable, to be restored soon
The Central Bank of Nigeria (CBN) has notified that the eNaira platform will be unavailable for some time. This was...
