Biggest News Aggregation in the World
📰 First Runner Up News

Page 21 - First Runner Up News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from First Runner Up. Real-time updates on events, politics, business and more.

CBN allows naira to weaken 2% to record low

ABUJA - Nigeria's central bank allowed the naira to drop about 2% on the official market to a record low on Wednesday, but the currency's rate remained above where it trades at central bank auctions and on the black market. Nigeria is trying to find a way to unify its multiple exchange rate system, used |
Gbenga Samuel Salau Samson Gbenga Salau Gbenga Salau University Of Ibadan Student Union Transition Committee Faculty Of Arts Press Clubs University Of Ibadan

Nigeria's dollar earnings, reserves dwindles as imports surge

Nigeria’s dollar earnings and reserves are dwindling and the government uses multiple exchange rates to manage supply and demand for foreign currency. Meanwhile local industries and importers faces scarcity of greenback, the central bank of Africa’s biggest economy sold dollars at 645 naira apiece, adding to speculation that a devaluation may be in the cards |
Samson Gbenga Salau Gbenga Salau Gbenga Samuel Salau Association Of Communication University Of Ibadan Student Union Transition Committee Independence Hall Press Best News

Nigeria economic growth slows ahead of interest rate announcement

Nigeria's annual economic growth rate slowed to 2.3% in the first quarter, data showed on Wednesday, hurt by a government plan to swap old banknotes for newly designed ones that disrupted trade and payments. The gross domestic product (GDP) data came hours before a central bank interest rate announcement and next week's swearing-in of President-elect |
Gbenga Samuel Salau Samson Gbenga Salau Gbenga Salau University Of Ibadan Faculty Of Arts Press Clubs Independence Hall Press Best News

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

Christian movie group unveils "The Crosswood"

Lagos, May 19, 2023 Divine Filmmakers, under the name Christian Movie Industry, on Friday unveiled a new group, known as “The Crosswood”. The visioner of Crosswood, Abraham Oluwanimilo, during the programme said the coming together of the Christian movie industry was necessary to boost professionalism. According to Oluwanimilo, the industry needs collaboration to meet international |
Gbenga Salau Samson Gbenga Salau Gbenga Samuel Salau University Of Ibadan Student Union Transition Committee University Of Ibadan Independence Hall Press Best News

Emiefele led MPC plans rate hike as food inflation spikes

Nigeria’s inflation rate rose for a fourth-straight month in April, increasing the odds of a rate hike next week. Consumer prices rose an annual 22.2%, compared with 22% the previous month, data published on the National Bureau of Statistics’ website on Monday showed. That’s the highest level since September 2005. The median estimate of eight |
Gbenga Salau Gbenga Samuel Salau Samson Gbenga Salau Association Of Communication Independence Hall Press Best News University Of Ibadan Student Union Transition Committee

Bank Verification Number has no expiry date- CBN

Lagos, May 10, 2023 The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by a national newspaper. Its Acting-Director, Corporate Communications, Alhaji Isa Abdulmumin, said this in a statement on Wednesday. Abdulmumin said that the claim was completely false |
Gbenga Salau Samson Gbenga Salau Gbenga Samuel Salau Independence Hall Press Best News University Of Ibadan Faculty Of Arts Press Clubs

2023 fiscal policy measures may worsen inflation, de-industrialise economy- CPPE

Lagos, May 2, 2023 Centre for the Promotion of Private Enterprises (CPPE) says some tax and import duty provisions in the 2023 Fiscal Policy Measures of the Federal Government may adversely affect the economy. Specifically, Dr Muda Yusuf, Founder, CPPE, in a statement of Tuesday, said those provisions could worsen the de-industrialisation worries in the |
Samson Gbenga Salau Gbenga Samuel Salau Gbenga Salau Independence Hall Press Best News University Of Ibadan Student Union Transition Committee University Of Ibadan

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science