Latest News In Nigeria 2020 - Awareness Media Ng

Latest News

Naira Crashes, Now In Free Fall And Being Exchanged At N412 To A USD


 The Nigerian Naira plunged further in value yesterday, as it exchanged at N412 for a dollar.
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CBN Gets Approval From President Buhari To Exempt Banks, Others From Total Lockdown

The Central Bank of Nigeria (CBN), in its bid to safe the financial institution, make depositors money avai...

CBN Reacts To Devaluation Of The Naira, Says It Has Only Adjusted The Naira Price, Not Devalue It

The Central Bank of Nigeria has reacted to news that it has devalued the Naira by as much as 15 percent, mo...

Independent Petroleum Marketers Association Of Nigeria Explains Inability To Sell Fuel At New N125 Price

The Independent Petroleum Marketers Association of Nigeria (IPMAN) have appealed to the federal government ...

CBN Devalues Naira


Despite denials by the CBN as late as just days ago the much anticipate devaluation of the naitra has o...

Private Fuel Marketers Continue To Sell Fuel At N145 Per Litre

Most private fuel marketers have yet to reduce the pump price of Premium Motor Spirit (petrol) to the new N...

Manufacturers Association Of Nigeria Bemoans Border Closure As Trade With ECOWAS Countries Falls To 7%

The Manufacturers Association of Nigeria (MAN) has disclosed that the on-going partial border closure has r...

Federal Government Now Working With A $30 A Barrel Oil Benchmark As Opposed To $57

Nigeria’s government is working on a worst-case scenario of $30 per barrel oil benchmark price and produc...

Forex Market In Jitters As Naira Continues To Depreciate

Nigeria’s foreign exchange market has come under severe pressure leading to a significant depreciation of...

Changing Of The Guard At ECOWAS Parliament As Sierra Leone's Sidie Mohamed Tunis Lia Appointed To Lead New Speakers

The fifth ECOWAS Parliament has been inaugurated with some major changes taking place.

For starte...

FG To Trim Budget Due To Falling Oil Prices


In wake of the tumbling oil prices, Nigeria will cut the size of its budget the nation’s finance mini...

As South Africa Slips Into Recession Again Nigeria Reclaims Title Of Biggest Economy In Africa

The reality on paper has finally hit reality on the ground as the once-powerful South African economy has s...

Naira Slips To N413 To A Dollar At Forward Market


The naira this weekend depreciated past N400 to the dollar at the forward market after Nigeria recorded...

Federal Government Starts Deductions From All 35 State Coffers To Pay For 2017 N614bn Bailout Loan

The FGN has come knocking on the doors of all 35 States requesting payment on the N614 billion bailout it h...

Gross Domestic Product For 2019 Grows By 2.27 Per Cent - National Bureau Of Statistics

The National Bureau of Statistics today has released the Gross Domestic Product report for the 2019 fiscal ...

Power Sector Loses An Incomprehensible N19.15bn In Just 10 Days Due To Insufficient Gas And Transmission Infrastructure Issues

The Advisory Power Team in the Office of the Vice President has released some very concerning figures regar...

World Bank To Make Decision On Nigeria's $1bn Loan Request Tomorrow

The World Bank will, tomorrow, deliberate on the loan request by Nigeria, said to hover slightly above $1 b...