Category: Economy

Nigeria’s external reserves hit $136m in two weeks – CBN

The Central Bank of Nigeria have said the country’s external reserves rose by $136m in...

How 0.5% import tax will boost Nigerian economy – CPPE

Nigeria’s economy operating costs, production costs, and inflation will increase as a result of the...

E-payment transaction hits N387trn in 2022 –NIBSS

  Findings have revealed that Electronic payment transactions in Nigeria rose to N387 trillion in...

Kerosene price rose by 146% one year – Report

In one year, the price of domestic Kerosene, often known as cooking kerosene, increased by...

Buhari regime to leave N77trn debt – DMO

The Debt Management Office has declared that the outgoing administration of the President, Major General...

Croatia dumps kuna currency for euro

Croatia on Sunday switched to the euro and entered Europe’s passport-free zone — two major...

Peru to revamp economy with $1.6bn

Peru’s economy minister pledged on Thursday to launch an investment program of $1.6 billion to...

New naira: Extend deadline, Senate urges CBN

The Senate has urged the Central Bank of Nigeria to extend the deadline for withdrawal...

New naira: ATMs still dispensing old notes, report reveals

  Thirteen days after the issue of the freshly redesigned N200, N500, and N1,000 notes,...

Global economy vulnerable to recession in 2023 – World Bank

The World Bank has warned that “even a moderate hit” could tip the global economy...

Experts laud suspension of proposed excise duties hike

Tax, fiscal policy, and economics experts have hailed the Federal Government for suspending the proposed...

Why Nigeria’s foreign reserves lost $2.2bn – CBN

The Central Bank of Nigeria has explained reasons why Nigeria’s foreign reserves lost $2.22 billion...