Cash Crunch, Dollar Fever Squeezing Unilever Out Of Nigeria
Unilever is cutting down production in Nigeria. The company has cited the country’s worsening economic condition for its move, which could now add to...
Nigerian Inflation Rate Jumps To 21.91%
The Nigerian inflation rate is now 21.91%, says the National Bureau of Statistics in its Consumer Price Index report.
The new percentage which is for...
Dell To Sack 5% Of Workforce
Dell plans to lay off roughly 5% of its workforce, the company said in a regulatory filing Monday, in the latest example of tech...
Scarcity Of New Notes: Reps Invite Banks
The House of Representatives, has on Tuesday, taken the decision to invite the Managing Directors/Chief Executive Officers Deposit Money Banks, Wednesday over the scarcity...
CBN Says No Going Back On Deadline For Old Notes, Increases Interest Rate To...
The Central Bank of Nigeria (CBN) has maintained it will not extend the deadline on the deposit of the old naira notes.
The Monetary Policy...
CBN Directs Banks Not To Load ATMs Beyond N200 Notes – CBN
The new policy introduced by the Central Bank of Nigeria revealed that banks would only load N200 notes and lower denominations into their Automated...
I Will Make Development Of MSMEs My Priority — Sanwo-Olu
President Muhammadu Buhari and Lagos State Governor, Mr Babajide Sanwo-Olu on Friday reiterated that federal and state governments will continue to provide an enabling...
Tinubu Presents Economic Blueprint To Business Leaders
Business leaders, investors and captains of industry across various sectors now have a glimpse into the economic agenda of the All Progressives Congress (APC)...
CBN To Release New Naira Notes December
The Governor, Central Bank of Nigeria, Godwin Emefiele, has said that the apex bank would by December 15, 2022, release new naira notes.
He added...
Buhari Presents N20.5tr Budget Proposal For 2023
President Muhammadu Buhari, has on Friday, presented the 2023 appropriation bill to a joint session of the National Assembly in Abuja.
Read the President’s full...