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The CEO of Nigerian Breweries, Hans Essaadi has lamented that Nigerian consumers of its Goldberg brand can no longer afford its product- Goldberg lamenting the effect of skyrocketing inflation on the company’s financial performance resulting in a loss of N106 billion in 2023.   He said this while speaking to …

Naira appreciated against the dollar at the official foreign exchange (FX) market after dollar sales increased by 76.60 percent on Tuesday. Banks and other willing buyers and willing sellers sold a total of $117.32 million on Tuesday, higher than $66.43 million sold on Monday. After trading on Tuesday, naira gained 1.50 percent of its …

The All Progressives Congress (APC) has declared its governorship primary election held in Edo State on Saturday as inconclusive following conflicting results with three different candidates claiming victory. In a statement on Tuesday by its National Publicity Secretary, Felix Morka, the ruling party said a new primary election will be …

The criticism of the judgment is anchored on the claim that Nigeria is a capitalist country. It is surprising that such critics are not aware that the leading capitalist countries in the world regularly subsidise energy and gas and regulate the prices of certain goods and services. Not a few …

Senate President Godswill Akpabio says some of the street protests against the rising cost of living in the country are sponsored. There have been pockets of protests in different parts of the country, with the latest on Monday in Ibadan, capital city of Oyo state. Residents had also taken to the streets …

President Bola Tinubu says his administration is making efforts to raise at least $10 billion to increase foreign exchange (FX) liquidity, stabilise the naira and grow the economy. Tinubu made this known at the inauguration of the public wealth management conference organised by the Ministry of Finance Incorporated (MOFI) on …

    President Bola Ahmed Tinubu has said the Federal Government will raise at least 10 billion dollars to increase foreign exchange liquidity to stabilise the Naira and grow the economy. The President said this at during the inauguration of the Public Wealth Management Conference organised by the Ministry of …

Lagos, Nigeria,  February 16, 2024 – VFD Group Plc, a leading proprietary investment company committed to fostering growth across diverse industries in Africa, has embarked on an impactful Corporate Social Responsibility (CSR) initiative. In a collaborative effort with Narrative Landscape Press and GLG Communications, VFD Group donated Chimamanda Ngozi Adichie’s inaugural children’s …

Buhari and Omokri   A former presidential spokesman, Reno Omokri on Tuesday said Nigeria is broke and experiencing hardship because former President, Muhammadu Buhari borrowed more than all previous administrations combined. Omokri, in a tweet said things are hard in Nigeria because fuel subsidy had been ended, and the Naira …

Vice president, Kashim Shettima …Says Over 30 Illegal Routes Used For Smuggling Food To Neighbouring Countries Uncovered The federal government has uncovered 32 routes used to smuggle food out of Nigeria. This is just as it accused politicians who lost out during the last general elections of 2023 of working …