Newsfront Online …Telling the Public as it is

…As MTN Group Plans $3.5bn Investment in Nigeria President Bola Tinubu yesterday in Abuja assured the manufacturing and service sectors that more reforms would be unfolded to enable efficiency and attract investments, saying the ongoing economic ‘‘revolution’’ would be deliberately ...

Seventeen years after the inauguration of the Jos Inland Container Depot (JICD) Heipang in Barki Ladi LGA of Plateau State by former head of state Gen. Yakubu Gowon, the project is yet to commence operation in the state. The JICD ...

The Central Bank of Nigeria (CBN) is committed to supporting businesses and diversification of the economy via provision of grants and interventions. The director corporate communication of the bank, Dr Isa Abdulmumin stated this yesterday at the CBN fair held ...

The Bank of America has said the Monetary Policy Committee of the Central Bank may need to increase interest rates by at least 700 basis points before the end of the year to curb inflation. In an interview with Bloomberg ...

The general secretary of the Aviation Round Table Initiative (ARTI), Capt. John Ojikutu (rtd), has informed the flying public to brace-up for increase in airfare over the floating of naira that necessitated rising airlines operational costs. LEADERSHIP reports that the ...

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has solicited the support of stakeholders to ensure that the Micro, Small and Medium Enterprises (MSMEs) sector becomes more competitive. The Director-General of SMEDAN, Dr Olawale Fasanya, gave the advice ...

Purchasing power of Nigerians dropped in June 2023, as the effects of the  fuel subsidy removal and rising inflation  continue to gather momentum, LEADERSHIP learnt. Inflation Rate for the month of May, 2023 was 22.41 per cent, which was an ...

The Bank of America (BoA) has said the it sees the value of the naira settling at N680 to the dollar by the end of the year, saying that the currency has moved from overvalued to being undervalued following the ...

…Customs raise exchange rate from N422/$ to N589/$, operators kick as import duties jump …Economists berate FG, say policy will cause job loss, impoverish Nigerians, worsen hardships The Central Bank of Nigeria and the Nigeria Customs Service have taken the ...

Socio-Economic Rights and Accountability Project (SERAP) has threatened to drag the Central Bank of Nigeria (CBN) to court if it does not immediately suspend its regulations directing banks to obtain information on customers’ social media handles for identification. SERAP, which ...