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Financial Safe Schools
The Commitment In FG Resolve For Securing Financing, Creating Safe Learning Communities
In view of myriad challenges plaguing Nigeria, particularly those of insecurities and the COVID-19 pandemic, the federal government of Nigeria…
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Nigeria’s Inflation Rate Climbs To 33.2% in March
Nigeria's inflation rate surged to 33.2 percent in March 2024, marking a 1.5 percentage point increase from February's 31.7 percent,…
CBN Prohibits Foreign Currency Collateral For Naira Loans
The Central Bank of Nigeria (CBN) has instituted a prohibition on the utilisation of foreign currency assets as collateral for…
Manufactured Goods Imports Surge, Exports Decline
In the fourth quarter of 2023, the value of manufactured goods imported into the country skyrocketed by a staggering…
Bank Customers’ Complaints Surge By 63%
The complaints of bank customers across five major Nigerian banks soared by over 63.54percent in 2023, reaching over 10…
IMF Urges Global Productivity Reforms for Economic Growth
The IMF has called for global productivity reforms to boost medium-term economic growth, citing a decline since the 2008–09…
Nigeria’s Fx Reserves Fall By $1.2bn In 18 Days
In a concerning turn of events, Nigeria's foreign exchange (FX) reserves have seen a staggering decline of $1.02 billion…
NCS Adjusts Import Duty FX Rate To N1,246/$
The Nigeria Customs Service (NCS) has implemented a revision to its foreign exchange (FX) rate for calculating tariffs and…
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