CBN Retains Monetary Policy Rate at 27.50%
The Central Bank of Nigeria (CBN) has announced the retention of the Monetary Policy Rate (MPR) at 27.50%. This decision...
Nigeria’s Currency Circulation Reaches N5.24 Trillion in January 2025
Nigeria's currency circulation escalated to N5.24 trillion, reflecting a 43.4% increase from N3.65 trillion in January 2024. The Central Bank...
Nigeria Reclaims Favorable Status in Global Aircraft Leasing Market
Nigeria has been officially removed from the global aviation leasing market's blacklist, opening new opportunities for the country's airline operators....
Nigerian Senate Summons Top Security Chiefs Over Allegations of USAID Funding Boko Haram
The Nigerian Senate has summoned the National Security Adviser (NSA), the Director-General of the National Intelligence Agency (DG NIA), the...
Governor Sanwo-Olu Reduces Red Line Fare by 30%
The lagos State Governor, Mr. Babajide Sanwo-Olu, has announced a 30 percent reduction in the fare of the Lagos Rail...
Inflation Drops to 24.48% in January 2025 Following CPI Rebasing
The National Bureau of Statistics (NBS) has announced a sharp decline in Nigeria’s inflation rate, which fell from 34.8% in...
Airtel Nigeria Implements 50% Increase in Voice and Data Tariffs Following NCC Approval
Airtel Nigeria, the nation's second-largest telecommunications operator, has announced a 50% increase in its voice and data service tariffs. This...
Oil Production Rebounds in Nigeria;Amid Significant Reduction in Oil Theft
Nigeria's oil production has experienced a notable resurgence, averaging 1.75 million barrels per day (BPD) as of January 2025, accompanied...
Lagos Speaker Mojisola Meranda Resumes Office Amid Resignation Rumors
Lagos State House of Assembly Speaker, Rt. Hon. Mojisola Meranda, has defied pressure to resign and resumed her duties despite...
Rt. Hon. Mojisola Lasbat Meranda Allegedly Resigns as Speaker of the Lagos State House of Assembly
Speculation is rife over the reported resignation of Rt. Hon. Mojisola Lasbat Meranda as Speaker of the Lagos State House...
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