Amidst continued pressures on the external sector of the economy, the Central Bank of Nigeria (CBN) has projected a major fall in the country’s foreign reserves...
4.5m jobs at risk due to COVID-19, travel restrictions _____________________________________ The African economy is set to lose an estimated sum of $37 billion to dwindling traffic...
Fitch Ratings has revised the outlook on Nigeria’s long-term foreign-currency Issuer Default Rating to stable from negative and affirmed the IDR at ‘B’. The international rating...
The Federal Executive Council (FEC) chaired by President Muhammadu Buhari has approved N13.08 trillion as budget proposal for 2021. Zainab Ahmed, the minister of finance, budget,...
Assets and cash worth more than N700bn have been recovered through the whistleblower policy of the Federal Government, the Minister of Finance, Budget and National Planning,...
The foreign reserves of Nigeria received a boost of $200 million on Tuesday following a ruling in favour of the country by a Commercial Court in...
Fresh loan disbursements expected from the World Bank, African Development Bank and Islamic Development Bank may raise Nigeria’s total public debt stock to N31.699tn in coming...
The power generation statistics for 2019 reflected that a total of 33,448,633 MWh of energy was generated by power stations, the National Bureau of Statistics (NBS)...
The Central Bank of Nigeria (CBN) has said it will pursue expansionist monetary policies to save the country from economic headwinds and combat recession. God Emefiele,...
Thirteen our of 36 Nigerian states are fiscally distressed as they lack the revenue capacity to fund their recurrent revenue in 2019, according to the 2020...