Trump orders halt on new pennies, calls it ‘wasteful’ spending
United States President Donald Trump announced on Sunday that he has instructed the Treasury to stop producing new pennies, citing...
Business
Naira’s gains remarkable strength against dollar
The naira on Wednesday bounced back after three consecutive days of losses and appreciated at the official market, trading at...
President Tinubu praises NBS report as Nigeria’s GDP grows 3.2% in Q2 2024
President Tinubu has welcomed the latest report by the National Bureau of Statistics on the state of the economy, as...
Stock market bleeds N57 billion as selloffs persist
For the fourth consecutive session, the domestic bourse extended its losses by N57 billion, driven by selloffs in FBN Holdings,...
Minister faults inflation, high interest rates as UK economy plunges into recession
Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party...
Prices of food remain high as inflation rattles Nigerian households
Prices of staple foods continue to rise as Nigeria struggles with its worst economic realities in many decades. In a...
World Bank says inflation in global food prices remains worrisome
The World Bank says inflation in food prices remains high globally. The World Bank declared in its latest Food Security...
FBN Holdings gives reasons for appointing Femi Otedola as Chairman
Mr Femi Otedola has been appointed as the new Chairman of FBN Holdings Plc, the oldest financial institution in Nigeria,...
IMF projects global growth at 3.1% in 2024
The International Monetary Fund has said global growth is projected at 3.1 per cent in 2024 and 3.2 per cent...
CBN dismisses reports of banking sector instability, affirms robustness amidst CAR controversy
The Central Bank of Nigeria (CBN) has dispelled rumors of financial instability within the country's banking sector. Contrary to recent...
