BUSINESS
Nigeria’s Inflation Rate Hits 27.3%
Nigeria’s annual inflation rate rose to 27.33 percent in October from 26.72 percent in the previous month. This was disclosed by the National Bureau of...
Our Economic Environment Does Not Support Further Borrowing, Finance Minister Tells Senate
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has disclosed that the country cannot rely on borrowing to fund the...
We’re Not Creating Debt Crisis But Reducing Poverty In Africa, Says Chinese Envoy
The Chinese government has said it is partnering with African countries to reduce poverty on the continent, pledging that it will not create a...
Let’s Be Patient With Tinubu, He Inherited “Almost Comatose” Administration — Abiodun
Governor Dapo Abiodun of Ogun State believes Nigerians should be patient with President Bola Tinubu’s government which, according to him, inherited an “almost comatose”...
Tinubu To Present 2024 Budget Wednesday
Barring any last minute changes, President Bola Tinubu will present the 2024 budget to a joint session of the National Assembly on Wednesday. This information...
Tinubu Says 100 Electric Buses Will Hit Nigerian Roads To Enhance Eco-friendly Future
Nigeria will rollout 100 electric buses in a step towards a sustainable and eco-friendly future, President Bola Tinubu said Saturday. The “pioneering initiative” is to...
IMF’s Projection Of Nigeria’s Economic Growth Wrong — Akabueze
The Director-General of the Budget Office of the Federation, Ben Akabueze, says the International Monetary Fund (IMF) has been wrong in its projections of...
Nigeria Records N948.07bn VAT In Q3 2023 – NBS
The National Bureau of Statistics (NBS), said the aggregate Value Added Tax (VAT) stood at N948.07 billion in Q3 2023. This is according to the VAT...
Sanwo-Olu Presents N2.2trn 2024 Budget To Lagos Assembly
The Lagos State Governor, Mr Babajide Sanwo-Olu, on Wednesday, presented a budget estimate of N2.2 trillion for the 2024 fiscal year to the state...
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...
