Saudi Arabia Expresses Deep Concern Over Escalating Violence In Lebanon
Saudi Arabia’s Ministry of Foreign Affairs has also reiterated its fears on the increasing rate of violence in Lebanon expressing...
CBN Reports Significant Increase In Government Credit For August
The Central Bank of Nigeria (CBN) has reported a big rise in loans to the Federal Government. In August, these...
World Bank Approves $1.7 Billion Loan To Boost Nigeria’s Health, Education, And Power Sectors
The World Bank has agreed to give Nigeria a $1.57 billion loan to help with improving people's lives and making...
Zimbabwe’s New Currency, ZIG Plummets 40% Against USD
Zimbabwe's central bank has announced a significant adjustment to the official exchange rate, causing the country's new currency, the ZiG,...
FG, NURTW Sign Pact to Reduce Transportation Fares by 40%
The Federal Government has signed a Memorandum of Understanding (MoU) with the National Union of Road Transport Workers (NURTW) to...
Nigeria Joins Global Campaign Against Lead Poisoning
Nigeria has joined the global fight against lead poisoning, making a pledge to protect vulnerable and marginalized communities. Speaking at...
Nigeria’s Rural Unemployment Rate Surges to 4.3% in Q1 2024
The National Bureau of Statistics (NBS) has released its Nigeria Labour Force Survey (NLFS) for the First Quarter 2024, revealing...
SERAP Threatens to Sue INEC Over Refusal to Prosecute Bribery Suspects
The Socio-Economic Rights and Accountability Project (SERAP) has issued a seven-day ultimatum to Nigeria's Independent National Electoral Commission (INEC), demanding...
FG Allocates N29bn for Infrastructure Development
In September, the Federal Government spent over N29 billion on infrastructure, focusing on the improvement of road networks and water...
The Monetary Policy Rate Hike: A Double-Edged Sword for Nigeria’s Stock Market
The inflation and MPR stance of the monetary authority indicate that the stock market of Nigeria is walking on a...
ECOWAS Faces Funding Crisis as Member States Struggle with Levy Payments
The Economic Community of West African States (ECOWAS) is currently experiencing acute financial constraints stemming from the low community levy...
Nigerian Stock Exchange Records N37 Billion Loss Amid Banking Stock Sell-Offs
On Friday, the Nigerian Stock Exchange (NGX) plunged, which led to the loss of N37 billion in the domestic equity...
Emirates to Resume Nigeria Flights as FG, UAE Finalize Bilateral Agreement
The Nigerian government has reached agreement with the United Arab Emirates (UAE) authorities on reciprocal flight rights, thus allowing Nigerian...
Middle East Tensions Spark Oil Price Surge
The rise in crude oil prices can be attributed to the rising tensions that are currently being witnessed within the...
Nigerian Senate Approves N288 Billion FCT Supplementary Budget
On Thursday, the Nigerian Senate endorsed the Federal Capital Territory Administration (FCTA) 2024 Supplementary Appropriation Bill of N288 billion. The...
