BUSINESS
Buhari Presents N20.5 Trillion 2023 Budget To National Assembly
President Muhammadu Buhari has put the total budget estimate for 2023 at N20.5 trillion. Out of this, the government is budgeting about N6 trillion for...
Group Condemns Kogi State Govt Over Closure Of Obajana Cement Factory, Says It’s Illegality
A group, The Coalition For Civil Society Groups in Abuja has condemned the illegal closure of Obajana cement factory by the government of Kogi...
Nigeria At Risk Of Debt Distress — Report
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
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
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
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
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
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%
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
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...
