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Economy

Garri Prices in Nigeria Spike by 108%, Threatening Food Crisis

Popoola Sulaimon -
In a worrying development, the price of Nigeria's popular...
Business

335 Manufacturing Companies Became Distressed, 767 Shut Down Since the Beginning of 2023 – According to the Manufacturers Association of Nigeria

Popoola Sulaimon -
In a report released by the Manufacturers Association...
Economy

Federal Government to Distribute Grains Across Nigeria

Popoola Sulaimon -
According to a tweet from the Minister of Agriculture...
Economy

Desperate Hunger Leads to Looting in Abuja as People Break into Warehouse for Food

Popoola Sulaimon -
In a desperate attempt to feed themselves, a crowd...
Business

Tinubu Orders Cement Manufacturers to Lower Prices, Following Recent Hike

Popoola Sulaimon -
President Tinubu has directed all cement manufacturers to revert...
Business

ATWAP Says Pure Water May Cost N100 per Sachet, Citing Rising Costs

Popoola Sulaimon -
The Association of Table Waters Producers has warned that...
Economy

Customs Begins Sale of Seized Rice to Public

Popoola Sulaimon -
In an effort to address food insecurity, Nigeria Customs...
Economy

Customs Service Plans to Distribute Confiscated Food to Help Nigerians Amid Economic Crisis

Popoola Sulaimon -
In an effort to alleviate food insecurity and hardship...
Economy

Nigerian Government Warns Cement Companies to Lower Prices, Threatens to Lift Ban on Imports

Popoola Sulaimon -
The Nigerian government has warned cement companies to lower...
Economy

Ohaneze Ndigbo Urges Igbos to Avoid Joining Protests Against Hardship

Popoola Sulaimon -
The Ohaneze Ndigbo, a prominent Igbo organization, has issued...
Economy

Future Generations Will Reap the Rewards of Current Hardships – Seyi Tinubu

Popoola Sulaimon -
Seyi Tinubu, son of President Bola Tinubu, says...
Business

BUA Group Chair, Abdul Samad Rabiu, Announces 50% Salary Increase for All Employees

Popoola Sulaimon -
Abdul Samad Rabiu, Chairman of BUA Group, has announced...
Economy

Nigeria’s Economic Hardship: A bag of water up to N400, Derica of Rice N1200, Sardine N1,020, Butter N1,400 – New Prices Send Shockwaves

Popoola Sulaimon -
As economic hardship in Nigeria continues to worsen, the...
Economy

Nigeria Can Be Self-Sufficient in Food, Federal Government Says, Downplays Need for Imports

Popoola Sulaimon -
The Federal Government says Nigeria does not need to...
Economy

Sultan Warns President Tinubu: Growing Poverty, Hunger and Insecurity Could Lead to Revolt

Popoola Sulaimon -
A coalition of traditional leaders from Northern Nigeria, led...
Economy

JAF Calls for Mass Protests Against Tinubu’s Policies, Citing Danger of Worsening Conditions and Potential Anarchy

Popoola Sulaimon -
The Joint Action Front (JAF) has issued a call...
Economy

CBN Governor Urges Nigerians to Reduce Demand for Foreign Currency and Imported Goods

Popoola Sulaimon -
The Governor of Central Bank of Nigeria (CBN),...
Economy

UPDATED: Group of Youths Stages Peaceful Protest in Osogbo, Osun State, Demanding Government Intervention on Rising Cost of Living

Popoola Sulaimon -
Group of youths staged a peaceful protest in Osogbo,...
Economy

WATCH: Nigerian Central Bank Governor Says Students Abroad Are Contributing to Rise in Dollar/Naira Exchange Rate

Popoola Sulaimon -
Economy

Residents Protest High Cost of Living in Minna, Block Roads

Popoola Sulaimon -
The exorbitant cost of living in the country sparked...
Economy

Presidency: Despite Hardship, Nigeria Has Africa’s Lowest Cost of Living

Popoola Sulaimon -
The Presidency has asserted that Nigerians enjoy the lowest...
Economy

Nigeria Labour Congress President Blasts Tinubu’s Economic Policies, Calls Them ‘Unprecedented’ in the Country’s History

Popoola Sulaimon -
The President of the Nigeria Labour Congress (NLC), Joe...
Economy

Reno Omokri Urges Tinubu to Ban Sports Betting Apps to Stabilize Naira

Popoola Sulaimon -
Reno Omokri has called on President Tinubu to ban...
Business

NNPCL, Petrol Marketers at Odds Over Subsidy, Retailers Set Pump Price at N1,200/litre

Popoola Sulaimon -
The Nigerian National Petroleum Company Limited and fuel marketers...
Economy

NNPC Chief Says Refineries are Not for Reducing Fuel Price

Popoola Sulaimon -
Group Chief Executive Officer (GCEO) of the Nigerian National...
Economy

Nigerian Clergyman Urges Youth to Stay and Build a Better Nigeria, Rather Than ‘Fleeing’

Popoola Sulaimon -
The President of the Christian Association of Nigeria (CAN),...
Economy

Economist Laments Rise in Mental Illness, Blames “Tinubu/Sanwo-Olu Hardship

Popoola Sulaimon -
A renowned economist, Bismarck Rewane, has stated that the...
Economy

OPM Suspends Overseas Scholarships as Nigerian Naira Nosedives to New Low

Popoola Sulaimon -
Founder of the Omega Power Ministry (OPM), Apostle Chibuzor...
Economy

Nigerian Naira Exchange Rate Hits N1,200/$1 at P2P Market

Popoola Sulaimon -
The exchange rate between the naira and dollar opened...
Business

Fuel Crisis Sparks Panic as NNPC Supply Collapses

Popoola Sulaimon -
Fuel scarcity has resurfaced across Nigeria as many oil...
Economy

20 Ways for Nigerian University Students to Earn Extra Cash and Gain Experience

Korede Badmus -
As a Nigerian student, you can earn money through...
Economy

Shun Palliatives, Invest In Agriculture, Shehu Sani Advises FG

Popoola Sulaimon -
Former Kaduna Central lawmaker Senator Sheu Sani in a...
Economy

Having More Refineries Won’t Reduce Fuel Pump Price – President Tinubu Spokesperson, Ngelale Says

Popoola Sulaimon -
The Senior Special Assistant to President Bola Tinubu on...
Economy

Diesel Price Rises From N600 To N950 Per Litre

Popoola Sulaimon -
 The foreign exchange crisis in Nigeria, has driven diesel price...
Economy

Petroleum Marketers Indicates Petrol Price May Rise To N750 Per Litre

Popoola Sulaimon -
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has...
Economy

Cooking Gas Price To Increase Next Week, Marketers Says

Popoola Sulaimon -
Nigerian Association of Liquefied Petroleum Gas Marketers has hinted...
Business

Cost of Living: Nigeria’s never ending Hydra

Yetunde Taiwo -
The cost of living in Nigeria is a recurring...
Economy

We’re Taught Education Can End Poverty. Here’s the Truth!

Adeniyi Faith -
The narrative that education alone can be the ultimate...
Economy

Presidency Engages NLC Over Proposed Strike

Adeniyi Faith -
President Bola Tinubu, on Wednesday, in Abuja pleaded to...
Economy

Super Eagles Captain, Ahmed Musa Announces Reduction In Pump Price Of Petrol At His Fuel Station

Popoola Sulaimon -
Super Eagles captain, Ahmed Musa, has announced a reduction...
Economy

Subsidy Removal: NEC Directs NEMA To Immediately Distribute Grains (Agbado) To States

Popoola Sulaimon -
The National Economic Council (NEC) has directed the National...
Economy

FG is Tired of Loan Apps Harrassing Nigerians. So, They Made a Move!

Adeniyi Faith -
The Federal Government through the Federal Competition and Consumer...
Economy

NLC Kicks Against Increased Fuel Price, Says It Is Unacceptable

Popoola Sulaimon -
The Nigeria Labour Congress has kicked against the increased...
Economy

Tinubu Declares State Of Emergency On Food Security

Popoola Sulaimon -
President Bola Tinubu has declared a state of emergency...
Economy

The Rich Also Lament: See What Billionaire Daughter Posted About High Cost Of Tomato

Adeniyi Faith -
Hauwa Indimi -Yar’adua, daughter of a billionaire oil magnate,...
Business

FG announces plans to collect VAT from market traders

Popoola Sulaimon -
The Nigerian Government through the Federal Inland Revenue Service,...
Business

Anxiety Rises over Worsened Scarcity Of Tomatoes, Peppers

Popoola Sulaimon -
There is a rising anxiety over the worsening scarcity...
Business

Naira Scarcity: Why New Notes Are Not In Circulation – CBN

Popoola Sulaimon -
Naira Redesign Was Done In The Interest Of Nigerians...
Business

CBN orders Banks to open Saturdays and Sundays, attend to cash needs

Popoola Sulaimon -
The Central Bank of Nigeria (CBN) has directed all...
Business

NLC To Begin Nationwide Strike Over Cash Scarcity

Popoola Sulaimon -
The Nigeria Labour Congress (NLC), has directed its branches...
Business

Dangote Overtakes Four On Billionaires’List, Makes N460bn In A Day

Popoola Sulaimon -
Nigerian business tycoon, Aliko Dangote, overtook two Russians, one...
Business

Reactions As Banks Demand Central Bank Code For Accepting Old Naira Notes’ Deposit

Popoola Sulaimon -
Naira notes, traders, business owners and transporters are still...
Business

Sanwo-Olu Vows To Shut Banks Rejecting Old Naira Notes, Releases Hotlines For Reporting

Popoola Sulaimon -
The Governor of Lagos State, Babajide Sanwo-Olu, has vowed...
Business

Photonews: CBN Directs Banks To Receive, Dispense Old Naira Notes, Says It Remain Legal Tender

Popoola Sulaimon -
Business

Accept Old Naira Notes, Sanwo-Olu To Lagosians

Popoola Sulaimon -
Governor of Lagos State, Babajide Sanwo-Olu, on Monday said...
Business

Commercial Banks Issue Old Notes To Customers In Abuja

Popoola Sulaimon -
Commercial banks in the Federal Capital Territory (FCT) have...
Business

Old 500 and 1000 Naira notes are now legal tender — CBN’s Acting Director Of Corporate Communication

Popoola Sulaimon -
The Central Bank of Nigeria (CBN) says both old...
Business

Banks Dispense Old N500, N1,000 Notes To Nigerians Amidst Silence From CBN

Popoola Sulaimon -
Recall that the Nigerian Supreme Court had ordered that...
Business

Old Naira Notes: We Have No Information On The Supreme Court Ruling – CBN

Popoola Sulaimon -
For the second time since the Supreme Court ruled...
Business

Old Notes Remain Valid Till Dec 31 As Supreme Court Nullifies CBN’s Naira Redesign Policy

Popoola Sulaimon -
The Supreme Court has restrained President Muhammadu Buhari from...
Business

CBN Debunks Plan To Shut Down Financial Transactions Over Elections

Popoola Sulaimon -
The Central Bank of Nigeria has debunked the report...
Corruption

EFCC Deploy Officers To 36 States, FCT To Monitor 2023 General Elections

Popoola Sulaimon -
The Economic and Financial Crimes Commission, EFCC, has deployed...
Business

Naira Scarcity: CBN Debunks Release Shared On Aisha Buhari’s Instagram Page

Popoola Sulaimon -
The Central Bank of Nigeria has debunked a purported...
Business

Photonews: Customers stranded in Lagos banks

Popoola Sulaimon -
Business

CBN orders banks to accept old N500, N1,000 notes

Popoola Sulaimon -
As protests spread in some parts of the nation...
Business

Buhari Directs The Release Of Old N200 Notes Into Circulation, To Co-exist With New BankNotes For 60 days

Popoola Sulaimon -
President Buhari has directed the Central Bank of Nigeria...
Business

Resist old notes and face prosecution – Lagos state govt warns residents

Popoola Sulaimon -
Business

CBN To Prosecute POS Operators Who Demand Exorbitant Charges On Transaction

Popoola Sulaimon -
The Central Bank of Nigeria (CBN) has promised to...
Business

Are traders still accepting old naira notes in your area? Drop a comment

Popoola Sulaimon -
Business

Protesters Besiege CBN Headquarters And AGF Office Over Court Ruling On Deadline For Use Of Old Naira Notes

Popoola Sulaimon -
Protesters have besieged the headquarters of the Central Bank...
Economy

ICPC Arrests Actress For Selling New Naira Notes On Social Media

Popoola Sulaimon -
The Independent Corrupt Practices and Other Related Offences Commission,...
Business

Nigerian Commercial Banks To Work On Saturday, Sunday To Mob Up Old Naira Notes

Popoola Sulaimon -
At least two Nigerian commercial banks, First Bank Nigeria...
Business

News Update,Tuesday,24/01/2023

Popoola Sulaimon -
** Buhari commissions $1.5bn Lekki Deep Sea Port ** Buhari...
Business

FG Increases Petrol To 185/ltr

Popoola Sulaimon -
The Federal Government has officially increased the price of...
Business

News Update,Friday,06/01/2023

Popoola Sulaimon -
** PDP G-5 Governors meet in ibadan, reveal preferred...
Business

Photonews: CBN increases weekly ATM withdrawal limits from ₦100k to ₦500K

Popoola Sulaimon -
CBN increases weekly ATM withdrawal limits from ₦100k to...
Business

Nigerians Should Prepare For More Hardship – NGO

Popoola Sulaimon -
A civil society organization operating under the auspices of...
Business

House Of Reps Orders CBN To Suspend New Cash Withdrawal Limit

Popoola Sulaimon -
The House of Representatives has asked the Central Bank...
Business

CBN Drops ATM Withdrawal Limit To ₦‎20k Per Day

Popoola Sulaimon -
Further to the launch of the redesigned Naira notes...
Business

CBN To Limit Cash Withdrawals From January 9

Popoola Sulaimon -
The Central Bank Of Nigeria, has imposed fresh cash...
Business

CBN Blames Students For Persistent Naira Crash

Popoola Sulaimon -
The Governor of the Central Bank of Nigeria (CBN)...
Business

Buhari unveils new naira notes Wednesday

Popoola Sulaimon -
President Muhammadu Buhari will unveil the new naira notes...
Business

Things You Should Know About Naira Redesign

Popoola Sulaimon -
The Governor of the Central Bank of Nigeria, Godwin...
Business

News Update, Monday, 14/11/2022

Popoola Sulaimon -
** Arrest INEC office attackers, SERAP tells Buhari ** Buhari...
Business

News Update, Thursday, 06/10/2022

Popoola Sulaimon -
** Appeal court challenges FG, ASUU to resolve strike...
Business

News Update, Monday, 03/10/2022

Popoola Sulaimon -
** Nigeria @ 62: We’re in war situation –...
Business

We’re Quiet About Exchange Rate But Listen To Asake – Fapson

Popoola Sulaimon -
Actress Dorcas Fapson has slammed Nigerians, especially youths for...
Business

News Update, Thursday, 22/09/2022

Popoola Sulaimon -
** Buhari addresses United Nations General Assembly ** ASUU: NANS...
Business

Ex-NBA President, Akpata, Stranded Amid Students’ Protest

Popoola Sulaimon -
The immediate past president of the Nigerian Bar Association,...
Business

News Update, Wednesday, 14/09/2022

Popoola Sulaimon -
**Buhari visits Imo, commissions projects **How I intend to address...
Business

News Update, Sunday, 11/09/2022

Popoola Sulaimon -
** Senate President, Lawan meets Abdulsalami, IBB in Minna **...
Business

News Update, Tuesday, 06/09/2022

Popoola Sulaimon -
** FG suspends proposed telecoms tax ** PDP Crisis: We...
Business

News Update, Thursday, 01/09/2022

Popoola Sulaimon -
** Muslim/Muslim ticket: Focus should be on need for...
Business

Stolen Crude Oil Found In Churches, Mosques – NNPC

Popoola Sulaimon -
The Nigerian National Petroleum Company (NNPC) Limited, has accused...
Business

News update, Tuesday, 23/08/2022

Popoola Sulaimon -
**Lawyer sues Buhari, AGF, others over alleged unlawful interference...
Business

News Update, Monday, 25/07/2022

Popoola Sulaimon -
** Rights groups ask Buhari to assent NYSC trust...
Business

News Update, Monday, 25/07/2022

Popoola Sulaimon -
** Rights groups ask Buhari to assent NYSC trust...
Business

News Update, Monday, 25/07/2022

Popoola Sulaimon -
** Rights groups ask Buhari to assent NYSC trust...
Business

News Update, Friday, 15/07/2022

Popoola Sulaimon -
** Osun Guber: Wike absent as Atiku, Okowa, PDP...
Business

News Update, Tuesday, 05/07/2022

Popoola Sulaimon -
** 2023 Elections: APC finally settles for El-Rufai as...
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