In a social media post on Sunday, former Vice President and People's Democratic Party (PDP) Presidential Candidate, Atiku Abubakar, advises President Bola Tinubu to adopt economic reforms inspired by Argentina's President Javier Milei. Atiku emphasizes the divergent approaches taken by the...
The Central Bank of Nigeria (CBN) has announced an adjustment in the exchange rate for the clearance of goods, increasing it from N1444.56/$ to N1515.09 against the USD. This marks a noteworthy rise of N70.53 compared to the previous rate, reflecting the CBN's continued efforts to align official...
In a proactive move to combat the surging cost of food, President Bola Tinubu has instructed the Ministry of Agriculture and Food Security to release 42,000 metric tons of maize, millet, and other strategic reserves.
This decision, following a meeting of the Presidential Committee on Emergency...
The Central Bank of Nigeria (CBN) has lifted foreign exchange restrictions on 43 items that had been in place for eight years. In a statement released on October 12, the CBN's director of corporate communications, Dr. Isa AbdulMumin, announced a significant shift in the foreign exchange market...
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