Why Tinubu, Shettima must focus on revenue, expenditure – IMF
The resident representative of the Nigerian office of the International Monetary Fund, Ari Aisen, has urged that revenue and expenditure should be…
Economy
UK’s inflation drops to lowest first tine in one year
Britain’s inflation rate dropped its lowest level in more than a year in the month of April 2023 as the effects of…
Economic group tells Tinubu how to end rising inflation
An economy oriented group has urged the incoming government of President-elect, Bola Ahmed Tinubu, to address foreign reserves inadequacies as the solution…
Lagos Free Zone will boost Nigeria’s economy with N12bn – MD
The Managing Director/Chief Executive of the Lagos Free Zone, Mr. Dinesh Rathi, has reported that the Lagos Free Zone is anticipated to…
Why foreigners dominate Nigeria’s oil industry – FG
The Federal Government of Nigeria expressed concern at the 2023 Nigerian Oil and Gas Opportunity Fair, lamenting the fact that despite efforts…
Dangote refinery to create 135,000 permanent jobs – Emefiele
The governor of the Central Bank of Nigeria, Godwin Emefiele has stated that Dangote Refinery is set to create at least 135,000…
How Kaduna govt spent N43.8bn in Q1 2023 – Report
Kaduna State Government’s First Quarter Budget Performance Report has revealed that the state spent N43.8 billion out of the N89.1 billion generated…
NECA calls for suspension of new manufacturing tariffs
The federal government has been urged to halt the proposed tariff hike for the manufacturing sector, according to the Nigeria Employers Consultative…
Why Africa must decrease intra-African, global trade costs – Okonjo Iweala
President of the World Trade Organization, Dr. Ngozi Okonjo Iweala, has stated that in order for Africa to successfully implement the African Continental…
FG is drowning in debt servicing – PENGASSAN
Petroleum workers in Nigeria have cautioned about Nigeria’s expanding debt profile, which recently reached N77 trillion after parliament allowed the securitization of…
CBN denies phasing out redesigned naira notes
By Wilson Adekumola The Central Bank of Nigeria has dispelled the reports going viral including social media platforms that it planned…
Partnerships will boost Nigeria’s infrastructure deficit – Greenwich Bank
The Managing Director of Greenwich Merchant Bank, Bayo Rotimi has said that the Nigerian government needs to embrace partnerships to overcome the…