Economy

The Naira exchange rate in the parallel market for Friday morning, March 31, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows: Date Currency Buying (NGN) Central (NGN) Selling (NGN) 31/03/2023 US Dollar…

Nigeria’s total public debt stock as at Dec.31, 2022 stands at N46.25 trillion (103.11 billion dollars). This is according to a statement issued by the Debt Management Office, DMO, in Abuja on Thursday. The DMO said the total public debt…

The Naira exchange rate in the parallel market for Thursday morning, March 30, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows: Date Currency Buying (NGN) Central (NGN) Selling (NGN) 30/03/2023 US Dollar…

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to rehabilitate Nigeria’s refineries and remove subsidy on Premium Motor Spirit, generally called petrol. PENGASSAN…

The Naira exchange rate in the parallel market for Wednesday morning, March 29, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows: Date Currency Buying (NGN) Central (NGN) Selling (NGN) 29/03/2023 US Dollar…

Labour unions, including the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended the strike planned for Wednesday over unavailability of Naira notes and the attending hardship. NLC and TUC presidents, Joe Ajaero…

The Senate has further extended the implementation of the capital component of the 2022 budget from March 31 to June 30, 2023. The extension followed a debate by the senate leader, Senator Gobir, Ibrahim (Sokoto East), requesting the…

President Muhammadu Buhari on Tuesday declared that the discovery and drilling of oil in Nasarawa State will lead to greater prosperity for Nigerians as well as enhance overall energy security for the country. In his virtual message to the…

The Naira exchange rate in the parallel market for Tuesday morning, March 28, 2023, as confirmed by Bureau de Change operators in Abuja, is as follows: Date Currency Buying (NGN) Central (NGN) Selling (NGN) 28/03/2023 US Dollar…

In a bid to avert the scheduled strike by the Nigeria Labour Congress (NLC) on Wednesday, March 29, 2023, the Central Bank of Nigeria (CBN) has flooded the economy with more cash after a prolonged cash crunch that has made life difficult…