Category: Economy

How more taxes’ll reduce debt load – FG

The Federal Government said the collection of more taxes and is diversion to the right...

VIDEO: Sanusi credits Lagos’ economic growth to continuity

The 14th Emir of Kano and Vice President of Kaduna Investment Promotion Agency, Sanusi Lamido...

Nigeria ranks 13th on GII’s most innovative economies

Nigeria fell behind the likes of Rwanda, Mauritius and Madagascar on the list of most...

Why Nigeria must save oil revenues – IMF

The International Monetary Fund has urged the Nigerian government to save up on oil revenues...

Nigeria’s economy to decline 2023 – World Bank

World Bank has predicted a 3.3 per cent to 3.2 per cent drop in Nigeria’s...

Nigeria’s foreign reserves plunge to $38.3bn

The Central Bank of Nigeria has revealed that the nation’s external reserves at the end...

Pound falls more than 1% after BoE move

The British pound sank Thursday by more than one per cent against the dollar after...

Africa’s GDP grew  6.9% in 2021

Africa’s Gross Domestic Product grew by an estimated 6.9 per cent in 2021, a report...

We raised interest rate to control inflation – CBN

The Central Bank of Nigeria on Wednesday disclosed that the Monetary Policy Rate was increased...

eNaira hits 905k downloads

At least 905,588 Nigerians have downloaded the eNaira on the Apple and Google application stores,...

CBN raises interest rate to 15.5%

To tame rising inflation, the Central Bank of Nigeria’s policy-setting committee has raised the monetary...

Livestock sector can generate N33trn annually – FG

The Permanent Secretary of the Federal Ministry of Agriculture and Rural Development, Dr. Ernest Umakhihe,...