The currency in circulation (CIC) has increased by 7.4% in the first five months of 2023, the Central Bank of Nigeria (CBN) has revealed. In a data released on Tuesday,

The Central Bank of Nigeria (CBN) has set new transaction limits on contactless payments after issuing guidelines for commercial banks and other financial institutions to adopt. In a statement released

The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas, better known as Cooking Gas, dropped to N4,360.69 in May 2023. This was disclosed in the Liquefied

The official market traders recorded a 0.25 per cent or N2 drop in the price of the United States Dollar (USD) at the close of trading on Monday. According to

The Federal Government has suspended work on the Lagos-Ibadan Expressway owing to the Eid-el-Kabir holiday. This was announced Monday by the Federal Controller of Works in Lagos State, Olukorede Kesha,

The Debt Management Office, DMO, has warned the Federal Government against additional borrowing, saying 73.5 per cent of revenue generated this year will be used to service debt. According to

The Economist Intelligence Unit (EIU), a sister publication of The Economist of London, has disclosed that Lagos, Nigeria’s economic nerve centre, is now the fourth worst city to live in

Nigerians are to pay more for electricity following the unification of the naira which has led to the depreciation of the naira at the investor and exporter window. The Central

The Naira on Monday depreciated by 16 per cent to N770.38 per dollar in the Investors and Exporters (I&E) window following a surge in demand for dollars. Data from the