Inflation hits 20.77%, food supply, FX crises worsen
According to the National Bureau of Statistics, Nigeria’s inflation rate reached a new high of 20.77 percent in September as food supplies, the foreign exchange crisis, and rises…
Mark Zuckerberg takes a dig at Apple: Meta CEO says WhatsApp is ‘far more private and secure’ than iMessage
As two of the world’s largest technology companies, it is not surprising that Apple and Meta have been rivals for a long time.Infomation Guide Nigeria Nonetheless, tensions between…
CBN eyes 7,740 agents to drive eNaira adoption
The Central Bank of Nigeria aims to have at least 10 agents in each of Nigeria‘s 774 local government areas to promote the adoption of the eNaira.Infomation Guide…
BOI plans €1bn facility to support MSMEs
The Bank of Industry has guaranteed its customers in the Micro, Small, and Medium-Sized Enterprises (MSME) sector of the economy that they will have access to greater capital…
Police bank disburses N2.93bn mortgage to 1,165 policemen
Abubakar Suleiman, the Managing Director of the Nigeria Police Mortgage Bank, stated that 1,165 police officers had benefited from the National Housing Fund via the Nigeria Police Mortgage…
90% Nigerian construction materials imported – Building institute
According to the Nigerian Building and Road Research Institute, over ninety percent of the materials used in the construction of buildings and roads in Nigeria are imported.Infomation Guide…
Power company records N39bn revenue in nine months
Geregu Power Plc, the first and only power-generating business to list on the Nigerian Exchange Limited, has demonstrated its compliance with post-listing standards by reporting its nine-month results…
Forex policy widened exchange gap by N300 – ABCON
THE President of the Association of Bureau De Change Operators of Nigeria, Aminu Gwadabe, has stated that the unorthodox foreign exchange policy of the Central Bank of Nigeria…
Elon Musk under federal investigation over Twitter deal
The federal government is currently investigating Elon Musk‘s $44 billion acquisition of Twitter. A court petition made public on Thursday revealed the latest legal fight between the billionaire…
Sanwo-Olu gets FG’s approval for $2.5bn Badagry seaport
The August decision of the Federal Executive Council to authorise the construction of the Badagry Deep Seaport has been communicated to the governor of Lagos State, Mr. Babajide…