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Nigeria At Risk Of Debt Distress — Report

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Nigeria is at a very high risk of debt distress, a report released by an Abuja-based policy think tank, Agora Policy, has said. The report...

Nasarawa Governor, Abdullahi Sule Expresses Shock Over Reduction In Naira Value

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Gov Sule Appoints Four New Permanent Secretaries

Governor Abdullahi Sule of Nasarawa State has expressed shock over the continued fall in value of naira against the dollar. He, however, hoped the situation...

Senate Backs Naira Redesign, Seeks Extension Of Mop Up Timeline For Old Notes

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Senate Approves $800m World Bank Loan Request

The Senate on Wednesday endorsed the proposed redesign of the country's official currency, Naira note by the apex bank, Central Bank of Nigeria but...

Naira Redesign: Governors On Our Watchlist Have Increased – Says EFCC

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Naira Redesign: Governors On Our Watchlist Have Increased – Says EFCC

The Economic and Financial Crimes Commission (EFCC) has said the number of governors on its watchlist has increased. The Chairman of the commission, Abdulrasheed Bawa,...

Nigeria’s Survival Lies With Non-Oil Sector – Says NEPC

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Nigeria’s Survival Lies With Non-Oil Sector – Says NEPC

The Nigeria Export Promotion Council says the nation’s economic survival lies with non-oil products. NEPC Trade Promotion Advisor, Bello Noma, stated this when he led...

Buhari Set To Unveil Redesigned Naira Notes On Wednesday – Says Emefiele

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Buhari Set To Unveil Redesigned Naira Notes On Wednesday – Says Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has announced that the President, Major General Muhammadu Buhari (retd.), will on Wednesday unveil...

CBN Increases Interest Rate To 16.5%

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CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services

The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5...

Nigeria Is Not Broke – Finance Minister

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Nigeria Is Not Broke - Finance Minister

Mrs. Zainab Ahmed, the Minister of Finance, Budget, and National Planning has stated that Nigeria is not broke. She noted that the country continues to...

Buhari Says His Administration Has Done Well In Reviving Economy Irrespective Of Criticisms

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Rigging Elections Now Nearly Impossible In Nigeria – President Buhari

President Muhammadu Buhari, Tuesday said irrespective of what some people say, the administration he leads has made strides in stabilizing the security situation in...

Government Agencies Agree To End Fuel Scarcity

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Federal Government agencies and petroleum marketers have undertaken to end the crippling shortage of petrol across the country that has seen pump prices hit...

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