The depreciation of the naira has caused the country’s foreign loans to balloon. Nigeria’s external debt stock (debt owed to foreign entities) has increased by N28tn due to the devaluation of the Nigerian naira against the United States dollar, findings reveal. According to the latest debt profile data published by the Debt Management Office, ...
•Obaseki Edo State governor, Mr Godwin Obaseki, has criticised the policies recently introduced by the Central Bank of Nigeria (CBN), saying they cannot support the economic growth of the country. The governor said the interest rates that are raised would hinder small business owners from getting loans to expand their businesses which are detr...
•Ayra Starr Presenting, Top 10 Nigerian songs for Week 9 ending Saturday, March 2, 2024 as rated by MATILDA SHOWBIZ. Enjoy. (From bottom to top): 10. Twe Twe – Kizz Daniel, Davido 9. All Over – Eli Jae 8. The Life I Chose – Adekunle Gold 7. Cast – Shallipopi, ODUMODUBLVCK 6. Cana – Seyi […]
Presidential spokesman, Bayo Onanuga, says if not stopped, cryptocurrency trading website Binance will destroy the Nigerian economy by arbitrarily fixing foreign exchange rate. “If we don’t clamp down on Binance, Binance will destroy the economy of this country. They just fix the rate,” a displeased Onanuga said on Channels Television last nig...
•Ayra Starr Presenting, Top 10 Nigerian songs for Week 8 ending Saturday, February 24, 2024 as rated by MATILDA SHOWBIZ. Enjoy. (From bottom to top): 10. City Boys – Burna Boy 9. Twe Twe (Remix) – Kizz Daniel, Davido 8. The Life I Chose – Adekunle Gold 7. Cast – Shallipopi, ODUMODUBLVCK 6. Cana – […]
Nigerians are grappling with hardship that emerged from economic policies and reforms put in place by President Bola Tinubu since he assumed office on May 29, 2023. On the day of his inauguration, Tinubu announced the removal of fuel subsidy which forced high prices and scarcity of premium motor spirit popularly called petrol in the […]
•Bugaje and Tinubu A political activist Usman Bugaje claims President Bola Tinubu is incapable of addressing the numerous challenges facing the country. Since the fuel subsidy payment was stopped and the naira floated, Nigerians have been experiencing biting economic issues with inflation hitting 29.90 percent, sparking protests in some parts ...
•Ayra Starr Presenting, Top 10 Nigerian songs for Week 7 ending Saturday, February 17, 2024 as rated by MATILDA SHOWBIZ. Enjoy. (From bottom to top): 10. Holy Ghost – Omah Lay 9. One Love – Wizkid, Bob Marley 8. Cana – Seyi Vibez 7. Cast – Shallipopi, ODUMODUBLVCK 6. Twe Twe – Kizz Daniel, Davido […]
The National Bureau of Statistics (NBS) said today that the headline inflation rate increased year-on-year (YoY) by 0.98 percentage points to 29.9 per cent in January 2024 from 28.92 per cent in December 2023. The Bureau disclosed this in its Consumer Price Index, CPI, report for January 2024, noting that food inflation also increased to [&hel...
•Slices of bread The Association of Master Bakers and Caterers of Nigeria (AMBCN) has disclosed readiness to embark on nationwide strike as from Tuesday, February 27, 2024. Kogi State chairman of AMBCN, Chief Adeniyi Bamidele Gabriel, made this known today during a press conference held in Lokoja. According to him, the National President of th...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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