Nigeria’s inflation rate has sustained its steady decline in the month of August 2021 as it moderated to 17.01% from 17.38% recorded in July 2021. This...
The Central Bank of Nigeria (CBN) has announced plans to set up the Nigerian International Financial Centre (NIFC) to act as a gateway for funds and...
President Muhammadu Buhari has sent a letter to the Senate requesting to borrow over $4 billion from external lenders to fund infrastructure development. The President sent...
Reforms within the Nigerian Investment Promotion Commission (NIPC) have driven the internally generated revenue (IGR) of the commission higher between 2016 and the first quarter of...
Financial experts at Financial Derivatives Company Limited (FDC) has projected further relief in cost of living in Nigeria with projected moderation of headline inflation to 16.8%...
The National Bureau of Statistics (NBS), said the nation recorded a trade deficit of N1.8 trillion in the second quarter of the year (Q2’21) even as...
The Federal Government has commenced training of personnel of ministries, departments and agencies (MDAs) for the timely preparation, submission and approval of the 2022 national budget....
The Nigerian National Petroleum Corporation (NNPC) is once more set to deduct about N215.3 billion from its contribution to next month’s joint Federation Account. The aforementioned...
Nigeria’s Gross Domestic Product (GDP) grew by 5.01 per cent year-on-year in real terms in the second quarter of 2021, latest report released Thursday by the...
Naira falls to N515/$ as forex scarcity bites harder The naira pared some of its recent gains against the dollar at the parallel market on...
FG unveils advisers for $6.2bn fresh foreign borrowing The Federal Government of Nigeria has appointed transaction advisers to facilitate the issuance of Eurobonds in...
More youth emigrating to escape poverty as unemployment bites in Nigeria – World Bank The World Bank affirmed that Nigeria is currently going through...
External reserves depletes by $180m in two weeks The Central Bank of the Nigeria (CBN) has revealed that the country’s external reserves lost $180...
FIRS raked in N650bn revenue in June The Federal Inland Revenue Service (FIRS) has reported that it collected N650 billion in revenue for the...
Senate approves Buhari’s N2.34trn loan request The National Assembly has approved the request of President Muhammadu Buhari, to borrow N2.34 trillion to partly finance...
CBN DATA: Credit to private sector hits N32.2trn in May Amid banks lending to real sector, the Central Bank of Nigeria (CBN) has disclosed...
AfCFTA: Minister allays fear of turning Nigeria to dumping ground The African Continental Free Trade Agreement (AfCFTA) would not allow products without identification of...
States received over N2trn in bailouts from Buhari administration The federal government has disclosed that so far, the current administration had extended more than...
Nigeria’s GDP to rise 4.2% in 2022 – Official The federal government has projected Nigeria’s Gross Domestic Product (GDP) to grow by 4.2 per...
Petrol subsidy could gulp N900bn in 2022, says minister The Minister of Finance, Budget and National Planning, Zainab Ahmed has disclosed that the government...