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Jagabanomics: PwC says Tinubu’s monetary policies devalued naira by 98%

PwC has reported that Tinubu’s monetary policies devalued the naira by a whooping 98%. PricewaterhouseCoopers (PwC) is one of the largest professional services...

BusinessNews

1500 CBN Staff Resumes in Lagos Office Following Relocation Plan

At least 1,500 Central Bank of Nigeria (CBN) staff members are set to resume work at the Lagos office on February 2, having...

BusinessNews

CBN Injects $500M into FX Market

The Central Bank of Nigeria (CBN) has recently injected an additional $500 million into the foreign exchange market, following a previous disbursement of...

BusinessFinance

F. Otedola’s Return to Forbes List

The billionaire entrepreneur Femi Otedola has returned to the Forbes list after an eight-year break. He shared the announcement on Instagram with a...

BusinessNews

World’s Largest Cruise Ship, Icon of the Seas, Sets Sail

The Icon of the Seas, now the world’s largest cruise ship, has embarked on its maiden voyage from Miami. Owned by Royal Caribbean...

BusinessNews

Abia Govt. Bans Use of Styrofoam Foils, ‘Take Away’

The Abia State Ministry of Environment has placed a ban on the use of Styrofoam foils, commonly known as ‘Take Away’. In a...

BusinessNewsWorld

Israeli Airline El Al Suspends South Africa Flights

The esteemed Israeli flag carrier, El Al, has announced the suspension of its 74-year-long direct flights between Tel Aviv and Johannesburg. The last...

BusinessFinance

JK Rowling and Ed Sheeran among UK’s highest tax payers

JK Rowling and Ed Sheeran have emerged as some of the United Kingdom’s highest taxpayers. The Sunday Times recently revealed that these two...

CBN Governor to Tackle Inflation
BusinessNews

CBN Promises to Reduce Inflation Rate to 21.4%

The Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso, has pledged to reduce the headline inflation rate from a staggering 28.9% in...

NESG Launches Macroeconomic Outlook for 2024
BusinessNews

“GDP will increase to 3.5% in 2024”- NESG

‍The Nigerian Economic Summit Group has said that it is anticipating a significant boost in the country’s Gross Domestic Product (GDP). NESG projected...

BusinessFinance

A Chronicle of Currency Crisis: Naira Vs. Zimbabwe Dollar 

Landlocked between the Zambezi and Limpopo Rivers, Zimbabwe lies in the Southern heart of Africa. The country, known for its diverse wildlife and...

BusinessFinance

Signature Bank Launches New Branches in Abia, Backed by Governor Otti

Signature Bank has, on Wednesday, expanded its footprint in Abia State by launching new branches in Umuahia and Aba. This move represents a...