Nigeria's textile production was once a vibrant, booming sector and a key part of its economy. But the industry has since been brought to its knees by cheap imports from China. Is there a chance of ...
Dangote Petroleum Refinery's decision to stop the sale of products in naira has led to marketers hoarding petroluem products ...
Although Africa’s business heavyweights are holding their own in the face of headwinds, their potential remains untapped, ...
In Lagos, where the sun hangs like molten gold over the Atlantic, a gathering of formidable women took place at the ...
Saka was found guilty of illegally trading new currency notes issued by the Central Bank of Nigeria (CBN ... government malfeasance in Africa. Using photos, text, and video dynamically, the ...
There are now one and a quarter arms of the Nigerian government: the executive and the judiciary.
By Idechi Amucheazi With inflation surging to a record high of 33.80% in 2024, Nigeria enters 2025 at a pivotal ...
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Legit.ng on MSNNew Exchange Rates As Naira Appreciates Against US DollarThe naira appreciated against the US dollar and other currencies in the Nigerian Autonomous Foreign Exchange Market (NAFEM) ...
Despite the IMF’s assessment that Nigeria’s debt, at 52.8% of GDP, remains within a “comfort zone,” concerns persist among economic experts. The World Bank’s threshold of 55% for developing countries ...
On Monday, 17th March 2025, the All-Progressives Congress (APC) issued a press statement signed by Felix Morka, Esq., National Publicity Secretary. In the ...
The FX crisis started in 2023 and has since then continued, resulting to almost 300% depreciation of the naira. It had ...
Some locals find they cannot compete with those holidaying from the diaspora who are nicknamed I Just Got Back.
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