Business and Finance
Supreme Court bars CBN from releasing funds to Rivers
By Abdulrahman Obaje
The Supreme Court has directed the Central Bank of Nigeria (CBN) to halt the disbursement of funds to Rivers State Government until...
Nigeria’s GDP Improves by 3.84% in Q4 2024 – NBS
By Orkula Shaagee
Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.84 per cent in the fourth quarter of 2024 on a...
FG Interventions have stabilised naira, the FX market – Oyalowo
By AbdulRahman Obaje
The Executive Director of the Osun River Basin, Mr Ayobami Oyalowo, has said that some interventions by the Federal Government have stabilised...
Disregard reports of drop in rate of inflation to 24.48 percent – NBS
By AbdulRahman Obaje
The Statistician-General of the Federation, Adeyemi Adeniran, has advised Nigerians to disregard reports that inflation has come down.
Adeniran explained that the report...
NNPC Fails to Remit N13.7tn Into Federation Account
By Orkula Shaagee
The Nigerian National Petroleum Company Limited has failed to remit N13.763 trillion in revenue to the Federation account.
Daily Post reports that this...
CBN Retains Nigeria’s Interest Rate At 27.50%
By Orkula Shaagee
The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate...
