By Umar Suleiman After a year of intense negotiations and a difficult global economic outlook, development partners of the African Development Fund (ADF) have agreed to...
By Christy Animam The Central Bank of Nigeria (CBN) has placed limits on over-the-counter cash withdrawals, Automated Teller Machine (ATM) withdrawals, and point of sale (PoS)...
The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has said that uninsured depositors of failed banks paid N101.37 billion. He said this at...
The Centre for Promotion of Private Enterprises (CPPE) has hinted the government on some 11 ways to boost the economy as a response to dwindling gross...
Latest report by Proshare has revealed the full pay package of the Chief Executive Officers (CEOs) of top 10 leading companies in Nigeria, with the Group...
The National Bureau of Statistics (NBS) has said Nigeria’s Gross Domestic Product (GDP) grew by 2.25 per cent on a year-on-year basis in Q3 2022. The...
Rising inflation in the country has left the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) with no choice than to increase the...
The Ministry of Finance, Budget, and Planning has sought a loan request of $8.92million from the World Bank, to service its operational cost. The ministry, who...
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the decision to redesign the naira has no political undertone. Rather, he...
A new report by the Federal Ministry of Finance has revealed that over 7000 corporate and private entities including eleven ministries are indebted to the Federal...
Nigeria’s headline inflation accelerated for the ninth consecutive months to 21.09 percent year-on-year in October from 20.77 per cent in September. The latest Consumer price Index...
Christy Animam The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said the telecommunications sector played significant roles in lifting...
By Dele Castro Nigeria’s Vice President, Prof Yemi Osinbajo has said Asset Management Corporation of Nigeria, AMCON, made a total of N307 Billion in debt recovery...
By Dele Castro Nigeria’s public debt stock increased from N35.46 trillion (86.57 billion dollars) in the second quarter of 2021 to N42.84 trillion (103.31 billion dollars)...
The Governor of Bayelsa State, Douye Diri, has just presented a N385.2 billion budget estimate for 2023 to the State House of Assembly. Details of the...
Nigeria’s vast non-oil endowment must be urgently leveraged to diversify and expand its revenue base, reduce the dependence on crude oil for foreign exchange earnings, and...
By Christy Animam MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service (FIRS) to withhold Value...
Moody’s, a global ratings agency, has downgraded the long-term deposit ratings of nine Nigerian banks to B3 from B2, as well as senior unsecured debt ratings, where...
Latest data released by the National Bureau of Statistics has revealed that the average price of cooking gas in the country rose significantly by 86.62% between...
The N3.92 trillion spent as subsidy on Premium Motor Spirit, popularly called petrol, from January 2020 to June 2022 is higher than the cumulative individual federal...