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Mazi Nwokpor JonathanMonday saw a record low for the Naira against the US dollar at the foreign exchange market, valued at N1,534.39. The Naira fell to N1,534.39 per US dollar on Monday
Read MoreMazi Nwokpor JonathanThe International Monetary Fund (IMF) has stressed that the Nigerian Federal Government must do away with electricity subsidies. This was revealed in the most recent IMF country report for Nigeria,
Read MoreMazi Nwokpor JonathanPoor energy supply hits portions of the southeast as the Enugu Energy Distribution Company, EEDC, claims the problem is beyond the organization. In a Monday statement, Emeka Ezeh, the EEDC’s
Read MoreMazi Nwokpor JonathanInternational money transfer operators, IMTOs, will now allow international transfers using naira as the currency. This complies with the latest guidelines issued by the Central Bank of Nigeria (CBN). Numerous
Read MoreMazi Nwokpor JonathanAt the end of business on Friday, the Naira saw a minor increase in value relative to the US dollar and other currencies on the foreign exchange market. The Naira
Read MoreMazi Nwokpor JonathanThe exchange rate between the naira and the dollar will remain stable, according to the Central Bank of Nigeria, CBN. This was said by CBN Governor Olayemi Cardoso on Friday in
Read MoreMazi Nwokpor JonathanNigerians have been reassured by the Nigerian National Petroleum Company Limited (NNPCL) that the price of Premium Motor Spirit (PMS), also referred to as petrol, will not rise anytime soon.
Read MoreMazi Nwokpor JonathanAmid economic difficulties, the World Bank claimed that it has committed more than $15 billion to fund 30 development initiatives throughout Nigeria. This was revealed in a statement released by
Read MoreMazi Nwokpor JonathanIn 2023, Nigeria’s cashless transactions reached N611.06 trillion. On Wednesday, the Nigeria Inter-Bank Settlement System made this revelation. According to NIBSS, cashless payments increased by 54.55 per cent annually by
Read MoreMazi Nwokpor JonathanThe federal government of Nigeria has declared that, as of February 1, 2024, alcohol produced in sachets less than 200 milliliters will be banned. This was revealed in a recent
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