Why I Seek Fresh N2.3tr Loan — Buhari
President Muhammadu Buhari, yesterday, wrote the National Assembly for approval to borrow fresh $6.183 billion (N2.343 trillion) to fund the 2021 budget deficit of...
World Bank Approves $1.5billion Loan To Strengthen Nigeria’s Economy
The World Bank has finally approved Nigeria’s request for a $1.5 billion loan. This was announced in a statement by World Bank on Tuesday noting...
Nigeria Will Continue To Borrow Responsibly – Senate President Lawan
President of the Senate, Ahmad Lawan, has explained why it is important for the Nigerian government to continue to borrow responsibly to fund critical...
Naira Appreciates To N1,359/$ In Official Market
The naira yesterday depreciated to N1,359 per dollar in the Nigerian Foreign Exchange Market, NFEM. However the Naira remained stable at N1,360 per dollar in...
World Bank Accuses NNPCL Of Lack Of Transparency In Managing Subsidy Funds
The Nigeria National Petroleum Corporation Limited is not transparent about the financial gains from fuel subsidy removal, the World Bank has disclosed. This extends to...
Nigerian Stock Exchange Suspends 6 Firms
The Nigerian Stock Exchange (NSE) has suspended trading in six companies over their inability to comply with extant corporate governance rules and best practices...
Please Don’t Legalise Cannabis, Chairman NDLEA Buba Marwa Begs
The recent push by some stakeholders for legalisation of cannabis in Nigeria will rob the country of the gains so far made in the...
BREAKING: Inflation Rate Surpasses 14% — Highest Jump In 4 Years
The National Bureau of Statistics (NBS) says consumer price index, which measures inflation, hit 14.23 per cent in October. The inflation rate jumped by 0.52...
Senate Backs Naira Redesign, Seeks Extension Of Mop Up Timeline For Old Notes
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...
Those Running Nigeria’s Economy Are Not Professionals – NES
NIGERIA Economic Society, NES, Tuesday took a swipe at President Muhammadu Buhari on his appointment, saying that those in his economic team are not...
