Naira Depreciation Worsens Nigeria’s Foreign Debt Woes
The depreciation of the naira has caused the country’s foreign loans to balloon. Nigeria’s external debt stock (debt owed to foreign entities) has increased by N28tn due to the devaluation…
The depreciation of the naira has caused the country’s foreign loans to balloon. Nigeria’s external debt stock (debt owed to foreign entities) has increased by N28tn due to the devaluation…
President Bola Ahmed Tinubu has arrived in Abuja after a two-day official visit to the State of Qatar.The presidential jet, NAF 001, that conveyed the President landed at the Presidential…
The House of Representatives Committee on Financial Crimes on Monday, March 4, called for the arrest of the executives of Binance after they failed to attend an investigative hearing on…
The Government of Ukraine has donated 25,000 tonnes of wheat as emergency food assistance to 1.3 million vulnerable, crisis-affected people in northeast Nigeria amidst rising inflation and food price spikes…
The Federal Government may demand over $10bn from Binance as a penalty amid moves to salvage the value of the naira. Special Adviser to the President on Information and Strategy,…
Amid the free fall of the naira to the United States dollar, traders who deal in grains have devised a way to sell their wares to neighbouring countries for higher…
The Economic Community of West African States (ECOWAS) has called for the release of Mohamed Bazoum by the military junta in the Niger Republic. Omar Touray, president of the ECOWAS…
Tension is on the rise as Yoruba nation activist, Sunday Adeyemo, widely known as Sunday Igboho, is set to return to his residence in Soka, Ibadan, on Saturday, in what…
Fifty trucks conveying foodstuffs out of the country to the Niger Republic were intercepted on Monday by the Zamfara State Transport Agency. The agency, which was enforcing a presidential directive…
The Heads of State and Government of the African Union (AU) have elected the President of Mauritania, Mohamed Ould Ghazouani as the new chairman of the African Union for 2024.…