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Economy

Naira Collapses Further, Exchanges for 504/$ at Parallel Market

The CBN also divulged plans to increase the amount of foreign exchange allocated to banks to meet legitimate needs.   On Friday,...
President Buhari, Nigeria Will Lose 10 Years Of Economic Gain Under Buhari's Administration- World Bank

Nigeria Will Lose 10 Years Of Economic Gain Under Buhari’s Administration- World Bank

The NDU report by the World Bank estimated that despite the country’s gradual recovery from the 2020 recession, Nigerian masses...
Inflation

Inflation To Increase Poverty, Unemployment Rate By End Of 2021- Report

...insecurity and conflict as well as the COVID-19 pandemic are responsible for the challenges The World Bank says Nigeria’s inflation rate...
President Buhari Swears-In Five New Permanent Secretaries

Buhari Vows To Enhance Fiscal Stability

President Muhammadu Buhari has vowed to enhance fiscal stability. President Muhammadu Buhari has vowed to enhance Nigeria's fiscal stability, stressing the...

No ₦60bn Was Printed To Shore Up March Allocation – NEC

The Edo State Governor, Godwin Obaseki, had raised an alarm over Nigeria’s financial woes, alleging ₦60bn Was Printed To augment...
Sale Of Government Assets Will Help Boost Economy – Finance Minister

‘These Are Challenging Times’ – Finance Minister Admits Revenues Are Crashing

... we have had to borrow more than we have planned before the COVID-19 started because we need to still...
ACCI, Cryptocurrency

ACCI Seeks Presidential Commission On Cryptocurrency

The Abuja Chamber of Commerce and Industry (ACCI) has called on the Federal Government to set up a presidential commission on cryptocurrency in view...
IMF

Digital Money Can Facilitate Remittances – IMF

Kristalina Georgieva, Managing Director, International Monetary Fund (IMF) says the world is witnessing a revolution in digital money that can make remittances easier, faster...
NBS

Lagos, Ebonyi, Niger Residents Pay Highest For Petrol In March – NBS

The National Bureau of Statistics (NBS) says residents of Lagos, Ebonyi and Niger states paid the highest amount for Premium...