Category: Economy

Food prices jump over insecurity, fuel scarcity in Q1 – Report

THE rise in diesel prices, petrol scarcity, and heightened insecurity in the nation drove food...

25% of 2022 capital expenditure may not be funded –Economists

ABOUT 25 per cent of the projected N4.5tn capital expenditure in the 2022 Appropriation Act...

51 firms drive stock market gain by N500bn

Investors gained N500bn at the end of trading on the floor of the Nigerian Exchange...

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...