The Central Bank of Nigeria (CBN) has said the firms that participated in its latest business expectations survey expect borrowing and inflation rates in the country...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria’s total public debt will hit N38 trillion by December 2021. Ahmed said this...
In the two-year period of 2020 and 2021, remittances to low and middle income countries will experience significant decline to the tune of $978 billion. This...
The Federation Account Allocation Committee (FAAC) disbursed the sum of N682.06 billion to the three tiers of government in September 2020. This is contained in the...
Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures obtained from the National Bureau of...
A total of 31.41 per cent of goods imported into Nigeria are from China, National Bureau of Statistics (NBS) has revealed. The NBS stated in its...
The Central Bank of Nigeria (CBN)has revealed its plan to interface directly with the Government Integrated Financial Market Information System (GIFMIS) Platform. In addition, the apex...
With EndSars protests hindering the movement of people and goods across the country due to the numerous roadblocks, the Lagos Chamber of Commerce and Industry (LCCI)...
FG restates commitment to hasten Nigeria’s digital economy The minister of communications and digital economy, Isa Pantami, has re-emphasized the resolve of the Federal Government, through...
Soaring food prices to blame Rate beats analyst’s forecasts ______________________ Inflation rates for the month of September in Nigeria soared above analysts’ expectations, attaining its peak...
5G-enabled industries have the potential to deliver $8 trillion in value to the global economy by 2030, a new research from Nokia and Nokia Bell Labs...
The International Monetary Fund (IMF) has projected that Nigeria’s economy will contract by 4.3 per cent in 2020. It disclosed this in its World Economic Outlook...
The World Bank Group has again raised concerns over the bloating debt burden of the globe’s 73 least developed countries, which rose by 9.5 per cent...
Nigeria's 2021 Budget of Economic Recovery and Resilience Following the approval of the 2021 – 2023 Medium-Term Expenditure Framework and Fiscal Strategy Paper, President Buhari has...
Inflation will maintain its upward trajectory and increase to 14 per cent for the month of September, from the 13.22 per cent recorded in August, Financial...
The Lagos Chamber of Commerce and Industry has said inappropriate foreign exchange policies are discouraging new capital investments. The President, LCCI, Mrs Toki Mabogunje, during the...
Eight out of 10 ‘new poor’ will be in middle-income countries _________________________________ Global extreme poverty is expected to rise in 2020 for the first time in...
As a geographical entity, Lagos State has again proven correct it given appellation as the economic hub of the country even when it comes to access...
President Muhammadu Buhari presented a record 13.08 trillion naira ($34.4 billion) budget for 2021 to lawmakers on Thursday. The budget represent an increase from last year...
The African Development Bank (AfDB) says it is ready to support investments from Japan to initiate inclusive and sustainable development in Africa. Samuel Higenyi Mugoya, AfDB’s...