Category: Economy

Nigeria can’t track importers of substandard products –SON

The Director-General of the Standards Organization of Nigeria, Farouk Salim, has said that in Nigeria,...

Inflation hits 15.92%, highest in five months

Nigeria’s Consumer Price Index rose to 15.92 per cent in March, latest figures from the...

Naira exchanges 590 to dollar ahead of Easter

The naira slumped further and exchanged to the dollar at 590 on Thursday at the...

How Nigeria can lower debt service-to-revenue –DMO

The Debt Management Office has said that Nigeria can lower its debt service-to-revenue ratio if...

NASS to pass Buhari’s revised 2022 fiscal framework today

The Senate and the House of Representatives will on Thursday (today) pass the revised 2022...

Oil theft affecting govt finances, naira stability –MPC member

Massive oil theft, among other challenges, is affecting government finances and threatening naira stability. The...

Over 5,000 debtors owe 10 FG agencies N4.67tn – Minister

The Federal Government has disclosed that over 5,000 debtors currently owe its agencies about N4.67tn....

Ajaokuta steel: Experts fault FG’s plan to engage British firm

Experts in the steel industry have kicked against the Federal Government’s alleged move to engage...

Nigeria has over 80,000 refugees, 3.2 million IDPs -UN

The United Nations High Commissioner for Refugees, the UN agency for refugees, on Wednesday, said...

Dangote refinery’ll drive industrial revolution in Africa –FG

THE Minister of Information and Culture, Lai Mohammed, has described the Dangote Petroleum Refinery as...

Nigeria’s total debt may hit N50tn – Report

THE Centre for the Promotion of Private Enterprise has said that Nigeria’s debt, including that...

FG grants three-year tax relief to 33 companies, bars 10 firms

The Federal Government approved the application of 33 companies seeking pioneer status under the Industrial...