Wednesday, July 8, 2026

Nigerian Economy

July 20, 2023

Corn rises to N800 per mudu as subsidy removal pummels Nigerian economy

A market survey by Peoples Gazette on Thursday showed that in three weeks, Nigerians now purchase a mudu of corn at N800

Mudu of corn
July 19, 2023

Subsidy Removal: Oil marketers call for sustainable palliative measures for Nigerians

According to him, this is to support less privileged individuals in society currently facing hardships.

NNPC
July 18, 2023

Tinubu scraps $10 support for poor families; releases fertilisers, grains to 50 million Nigerian households, farmers instead

Mr Tinubu directed that the N8,000 conditional cash transfer programme envisaged to bring succour to the most vulnerable households be reviewed immediately.

President Bola Ahmed Tinubu
July 18, 2023

After plunging Nigerians into more hardship, Tinubu planning to rob poor to favour rich: NLC

NLC president Joe Ajaero described the proposed N8,000 palliative expected for the poor households as an insult and mockery to Nigerians.

President Bola Tinubu and NLC president, Joe Ajaero
June 22, 2023

Naira further crashes against dollar at I and E window

The naira depreciated further against the dollar on Thursday at the investors and exporters window, exchanging at N765.13.

Naira and Dollar
June 22, 2023

Moghalu calls for economic reforms to cushion effect of forex, petrol subsidies removal

The former CBN chief lauded the removal of subsidies on Forex and petrol but tasked the government on reforms to cushion its effects on masses.

Kingsley Moghalu
June 21, 2023

Skit makers, movie producers using our uniforms without authorisation will be dealt with: EFCC

“Anyone found acting contrary to this advisory shall henceforth be treated as an impersonator and dealt with accordingly,” EFCC said.

EFCC-OPERATIVES
June 18, 2023

Binance Nigeria Limited is scam entity: Changpeng Zhao

“Binance has issued cease & desist notice to the scammer entity “Binance Nigeria Limited,” Mr Zhao tweeted. “Don’t believe everything you read in the news.”

Binance CEO Changpeng Zhao
June 15, 2023

Unified Exchange Rate: CBN warned against immediate floating of naira

The unification of exchange rates should not be a one-step process but should be implemented over a period of time, however short it may be.

NAIRA, CEDI, and CFA NOTES
June 13, 2023

Ex-Samsung executive charged for stealing trade secrets worth millions of dollars

The unnamed 65-year-old former Samsung worker is accused of stealing clean-room and factory blueprints from the company in 2018 and 2019.

Samsung South Korea HQ