In one of its most audacious responses to the ravaging inflation in the country, the Central Bank of Nigeria (CBN) yesterday raised the Monetary Policy Rate (MPR), the benchmark interest

In the fourth quarter of 2023, Nigeria experienced a rise in total capital importation, reaching $1.09 billion, reflecting a growth of 2.62 per cent over $1.06 billion recorded in the

Nigeria’s remittances inflow and exports to the United Kingdom are being threatened by the recession the UK suffered in the second half of last year, analysts have said. A recession

Some people in the current government, including the Senate President, want to blame the last government for the current hardships. I think that’s unfair. What’s even sadder is that the current

The Chairman of Heirs Holdings Group, Mr. Tony Elumelu, has urged the Ministry of Finance Incorporated (MOFI), the investment arm of the federal government, to embark on a continuous review

Talks between officials of the Niger State Government and those of the Organised Labour last Tuesday were deadlocked leading to the commencement of an indefinite strike by workers in the

The  Senate yesterday resolved to probe the activities of the major cement manufacturing firms in Nigeria over the sudden increase in the prices of the product and other building materials

Globally, Nigeria is ranked ninth for plastic pollution with an estimated 2.5 million tonnes of plastic waste generated annually and less than 12 per cent recycled. In this report, Ugo Aliogo highlights

The federal government is considering restart of the direct cash transfers to the poorest and most vulnerable Nigerians. Presently, approximately 3 million people are recipients of these programmes, but due