Sunday, August 16, 2026

Chukwuemeka Ayomide

Chukwuemeka Ayomide Joseph focuses on economic and financial reports. Prior to joining Peoples Gazette, he was a reporter with AllNews Nigeria. He is on Twitter @emekaayomi
August 8, 2022

World Bank asks countries to lift food-related trade restrictions to end global food crisis

The bank noted that an increasing number of countries are restricting wheat and other food commodity exports, exacerbating the global food crisis.

World Bank/Wheat exports
August 6, 2022

EFCC to arrest Nigerians who keep their dollars

The anti-graft agency claimed it had intelligence that some Nigerians were stockpiling foreign currency.

Abdulrasheed Bawa
August 3, 2022

Court orders arrest of Wema Bank MD over alleged forgery

A warrant of arrest has been issued against Mr Ademola Adebisi, Managing Director of Wema Bank Plc, for alleged forgery.

Ademola Adebisi/Wema
August 2, 2022

Naira gains at black market; trades at N665 per dollar

Checks by Peoples Gazette on Tuesday revealed that the naira gained value at the parallel market, rising to N665 per dollar from N710 last week.

Dollar and Naira
August 2, 2022

EXCLUSIVE: CBN to sell Polaris Bank for N40 billion to Auwal Gombe, IBB’s in-law, after rescuing it with N1.2 trillion

Godwin Emefiele and other wheeler-dealers could squeeze more for Nigerians by advertising the bank rather than a secret sale that would benefit only those conducting the backroom talks.

Godwin Emefiele, Polaris Bank and Auwal Abdullahi Gombe
July 30, 2022

Flight tickets from Lagos to Abuja now N100,000

Increase in airfare is the result of hike in price of aviation fuel, high cost of facility maintenance and depreciation of Nigeria’s currency.

Air Peace, Max Air, Arik and Ibom Air
July 29, 2022

Nigeria’s earnings from rising oil price wiped off by subsidy, worsening naira: World Bank

The World Bank has projected that Nigeria will not benefit fiscally from the recent rise in global oil price this year.

President Muhammadu Buhari, NNPC and World Bank
July 29, 2022

Buhari regime to impose another 5% tax on calls, data as Nigerians endure historic economic hardship

Telecoms operators described the new tax regime as a strange move and unusual development, saying they would have to pass the cost directly to subscribers.

Finance, budget and planning minister Zainab Ahmed
July 27, 2022

Naira crashes to N710 per dollar

Today’s record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to bureau de change operators.

July 27, 2022

Excess crude account now $376,655 from $2.1 billion handed over to Buhari’s regime

Since assuming office in 2015 and then going ahead to win reelection in 2019, the Buhari-led regime has involved in heavy borrowing and depleting of the country’s scarce resources.

Poor Nigerians and Muhammadu Buhari