Category: Economy

Amid rising debt, FG increases ministers, others’ tour allowances

Amid rising debts, the Federal Government has increased the Duty Allowances of ministers, permanent secretaries...

Segun Arinze defends foreign models, voiceover artists’ ban

Veteran actor and President of the Association of Voice Over Artists, Segun Arinze, has defended...

Nigeria’s GDP rose by 3.54% in Q2 2022 – NBS

The Nigeria Bureau of Statistics revealed that the country’s Gross Domestic Product grew by 3.54...

Nigeria’s inflation hits 19.64%

Nigeria’s inflation rate hit a 17-year high of 19.64 per cent in July just a...

LCCI warns FG on rising debt

The Lagos Chamber of Commerce and Industry has warned the rising debt stock incurred by...

Nigeria facing existential threats – World Bank

The World bank on Wednesday alerted the regime of the President, Major General Muhammadu Buhari(retd),...

Harmonise foreign exchange rate – Group tells CBN

The Nigerian Economic Summit Group has urged the Central Bank of Nigeria to harmonise foreign...

Why govt should make forex available for manufacturers – NECA

The Nigeria Employers Consultative Association has revealed why the Nigerian government should allocate available forex...

EFCC threatens to arrest dollar hoarders over naira fall

Following the increasingly fall of the Naira, the Economic and Financial Crimes Commission has threatened...

CBN vows to curb further naira devaluation

The Central Bank of Nigeria has reiterated its commitment to preventing a further devaluation of...

Senate summons Emefiele as naira falls to N700/dollar

The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria,...

More firms may collapse over rising FX, fuel cost – Expert

An economist and Chief Executive Officer at Financial Derivatives Company Limited, Bismark Rewane, has predicted...