As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) begins its two-day 283rd meeting today in Abuja, the first for the year 2022,...
The House of Representatives has passed a bill for the second reading, recommending a 10-year prison sentence for operators of Ponzi and pyramid schemes such as...
In a bid to stimulate the Nigerian economy, the Federal Government of Nigeria launched the NG-CARES programme implementation with the World Bank’s $750 million loan. This...
The International Monetary Fund has said it is set to launch a $50 billion trust fund for low-income and vulnerable middle-income countries to help them build...
The consumer price index (CPI) which measures inflation increased by 15.63 percent year-on-year in December 2021, the National Bureau of Statistics (NBS) has revealed. According the...
China GDP Grew 8.1% in 2021 to beat expectations China’s economy expanded 8.1 per cent in 2021 as a pandemic-plagued world snapped up its goods, though...
General economic conditions improved in October 2021, driven by the manufacturing sector, amid a slight decline from the non-manufacturing sector during the month, the Central Bank...
The Central Bank of Nigeria (CBN) has stated that the attractiveness of securities in the international financial market, particularly in the United States, has swayed foreign...
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its “Nigerian Economic Outlook Webinar” convened to reflect national and global economic...
The World Economic Forum (WEF) has found that the global economy will remain depressed for the next three years as hope of recovery within the period...
Total credit facilities released by Nigerian banks to both government and private sector players in Nigeria stood is estimated at N24.97 trillion as of September, 2021....
The federal government is planning fresh investments of N3.53 trillion in the Nigerian housing sector to address the 17 million housing deficit in the country. The...
A new report has said likely stronger dollar demand will convince the Central Bank of Nigeria of the need to tighten monetary conditions as with the...
Nigeria’s President, Muhammadu Buhari presented the 2022 Budget on 7 October 2021, to the Joint Session of the National Assembly. Highlights The 2022 budget has...
The Central Bank of Nigeria (CBN) says it will improve access to finance and credit for households, small and medium-sized enterprises (SMEs) in 2022. The CBN...
A member of the Monetary Policy Committee (MPC) and Professor of Economics, Adenikinju Adeola Festus has expressed many worries for the Nigerian economy in the face...
The Nigerian National Petroleum Company Limited (NNPC) has announced that it earned N2.56 trillion revenue from the sale of white products (petrol, kerosene, diesel) in about...
The Senate on Tuesday received a formal request from President Muhammadu Buhari seeking the Senate’s approval for the virement of N276,757,232,395 billion to fund expenditures in...
The House of Representatives on Tuesday passed a 2022 budget of N17.126 trillion against the N16.391 trillion sum presented by the president. Christened “Budget of Economic...
By FBNQuest Research Last week, the Debt Management Office (DMO) published Nigeria’s total public debt portfolio figures. Based on the report, Nigeria’s debt climbed to N38.0trn...