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Economy

We’re affected by fuel subsidy removal the most – Kano business community tells Tinubu

The Kano Business Community has told President Bola Tinubu that the impact of subsidy removal was felt negatively by businessmen in the State. The Chairman,...

Customs suspends 25% levy on smuggled vehicles

Following the directive of the Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, the Nigeria Customs Service, NCS, on Friday,...

Naira appreciates by 1.5% against dollar

The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday. Data from the official trading platform of...

Islamic Development Bank delegation conducts project review in Kano

A 3 man delegation from the Islamic Development Bank (IsDB) Abuja hub has undertaken a visit to Kano state to review it's funded projects...

Nigeria’s inflation rate hits 24.08% in July – NBS

The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 24.08 per cent in July 2023. The NBS disclosed this in its...

Tinubu considering ‘temporary subsidy’ on petrol as landing cost rises

President Bola Tinubu is considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to soar, TheCable understands. There is...

CBN forensic audit, civil service payroll overhaul imminent – Tinubu

President Bola Tinubu says a comprehensive forensic audit of the Central Bank of Nigeria (CBN) is underway, while a thorough overhaul of the civil...

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