SERAP Gives CBN 48-Hour Ultimatum to Reverse ATM Fee Hike
The Socio-Economic Rights and Accountability Project (SERAP) has called on the Central Bank of Nigeria (CBN) to immediately reverse the newly announced increase in Automated […]
Nigeria economy
FG’s Deficit Spending Drops by 15% as Capital Releases Slow Down
Nigeria’s Federal Government (FG) saw a 15% drop in deficit spending, falling to N908.13 billion in November 2024 from N1.07 trillion in October, according to […]
Naira Strengthens to N1,565/$ in Parallel Market, Weakens in Official Market
Naira Gains in Parallel Market, Drops in Official Rate The Nigerian Naira saw a slight improvement in the parallel market, appreciating to N1,565 per dollar, […]
CBN Scraps Free ATM Withdrawals, Introduces New Charges
The Central Bank of Nigeria (CBN) has announced a major change in ATM withdrawal fees, eliminating the three free monthly withdrawals for customers using other […]
House of Reps Urges FG to Declare State of Emergency on Fake Products
By NIGPOST The Nigerian House of Representatives has raised alarm over the growing threat of fake and substandard goods, calling on the federal government to […]
Naira Strengthens to ₦1,493/$ in Official Forex Market
The Nigerian Naira saw an appreciation in the official foreign exchange market, rising to ₦1,493 per dollar, according to data released by the Central Bank […]
NLC Declares Nationwide Protest Against 50% Telecom Tariff Hike
NLC to Protest Nationwide Over 50% Telecom Tariff Hike The Nigeria Labour Congress (NLC) has vowed to take a stand against the proposed 50% increase […]
Nigeria Loses ₦455Bn Yearly to Poor Sanitation: World Bank Report
The staggering economic impact of poor sanitation in Nigeria has been laid bare by the World Bank Group, revealing an annual loss of ₦455 billion […]
Nigeria’s ATM Usage Drops as PoS Transactions Surge Amid Cash Scarcity
A recent report by the Central Bank of Nigeria (CBN) has revealed a remarkable shift in Nigerians’ payment habits, as Point-of-Sale (PoS) transactions now overshadow […]
Why Trump’s Policies Could Worsen Nigeria’s Trade Balance – Economist Oyedokun
President Donald Trump has officially assumed office as the 47th President of the United States, marking his second term as the nation’s leader. In his […]