The Minister of Finance, Budget and National Planning, Zainab Ahmed on Thursday said Nigeria spent N18.397 billion on fuel subsidy every day.
The Central Bank of Nigeria (CBN) has announced plans to launch the Unstructured Supplementary Service Data (USSD) code for eNaira transactions next week.
The Nigerian Exchange Limited (NGX) shed 0.07% on Monday after the NBS report showed inflation rose to a 17-year
Inflation rate, grew at a 19.64% rate in July, the highest since September 2005 when inflation peaked at 24.32%
Dollar to Naira exchange rate stood at N670 on Monday at the parallel market as scarcity remained an issue amid rising demand
Oil prices extended their declines on Monday as weak Chinese data suggested possible slow demand
Investors traded 1.511 billion shares worth N13.547 billion in 20,074 deals last week
Nigeria's third richest person and leading philanthropist, Abdulsamad Rabiu earned N90.868 billion in the last 24 hours.
Stocks of NAHCO, FCMB, Ikeja Hotel and others closed in the red on Thursday as the Nigerian Exchange Limited (NGX) extended its decline.
FBN Holdings Plc has reported a 48.9% increase in profit after tax for the first half (H1) of 2022.