Category: Economy

NNPCL denies reducing fuel pump prices

The Nigerian National Petroleum Company Limited has debunked claims that it has reduced the pump...

CBN sells N1.64 trillion in treasury bills

The Central Bank of Nigeria successfully conducted an auction of Nigerian Treasury Bills on March...

Interest rate: Private sector predicts higher inflation, massive job cuts

Private sector operators stated on Tuesday, that the rise in Nigeria’s Monetary Policy Rate, from...

Interest rate hike won’t be for too long, says Cardoso

The CBN governor Olayemi Cardoso, affirmed that the current spate of monetary policy tightening measures...

Nigeria to join European Bank for Reconstruction and Development – Wale Edun

The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, has said...

Nigeria’s public debt soars to N97.34tn — DMO report

The Debt Management Office of Nigeria has revealed that Nigeria’s public debt has surged to...

Naira rebounds to N1,400/$ as speculators offload forex

The naira rebounded against the United States dollar on Wednesday at the official and parallel...

FG seeks $1bn W’Bank loans for IDPs, agric

The Federal Government is in talks with the World Bank to complete the processes of...

Food importation won’t continue, says President Tinubu

President Bola Tinubu has strongly reaffirmed his administration’s stance against importing food into the country...

CBN orders banks to follow forex policy reforms

The Central Bank of Nigeria has directed banks to strictly comply with recent foreign exchange...

Nigeria earned N2.33tn from VAT, CIT in Q4 2023 – NBS

Nigeria’s economy witnessed a significant influx of revenue from Value Added Tax and Company Income...

FG plans fresh Eurobond borrowing in June

The Federal Government has enlisted the expertise of leading global investment banks, including Citibank NA,...