President Tinubu Rejects Bill to Extend National Assembly Workers’ Service Years
President Bola Tinubu has officially rejected a proposed bill aimed at extending the service duration of National Assembly employees by...
Nigeria’s Unemployment Rate Hits 5.3% in Q1 2024
Nigeria's unemployment rate increased to 5.3% in the first quarter of 2024, marking a 0.3 percentage point rise from 5.0%...
Nigeria’s Central Bank Increases Key Interest Rate to Combat Inflation
The Central Bank of Nigeria (CBN) has elevated the Monetary Policy Rate (MPR) by 50 basis points, adjusting it from...
Dangote Clarifies Fuel Pricing Dispute with NNPC
Aliko Dangote, CEO of Dangote Refinery, recently addressed concerns surrounding fuel pricing in Nigeria, asserting that the petrol sold to...
Naira’s Steep Decline Under CBN Governor Cardoso
Since Yemi Cardoso took the helm of the Central Bank of Nigeria (CBN) on September 22, 2023, the Naira has...
Experts Urge CBN to Halt Interest Rate Hikes Amid Economic Stabilization Efforts
Financial analysts are calling for the Central Bank of Nigeria (CBN) to pause interest rate increases to support the nation’s...
Keyamo Issues 24-Hour Ultimatum to NCAA Over Airline Refunds
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has given the Nigeria Civil Aviation Authority (NCAA) a 24-hour deadline...
$90 Billion Fund Aims to Transform Electricity Access in Africa
Nigeria and other African nations are poised to benefit from a $90 billion electricity initiative supported by the World Bank...
Coca-Cola to Invest $1 Billion in Nigeria
Coca-Cola has announced plans to invest $1 billion in Nigeria over the next five years, marking a significant expansion of...
First Bank Emerges as Nigeria’s Most Valuable Bank, Surpassing GT and Zenith Bank
First Bank has claimed the title of the most valuable bank, achieving a market valuation of ₦1.43 trillion. This milestone...
At Spectra, we're more than just a news website. We are your gateway to a dynamic world where technology, business, and lifestyle stories come together to create a richer, more vivid picture.