51 firms drive stock market gain by N500bn
Investors gained N500bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The market opened for…
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, no one is tracking importers of substandard…
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 National Bureau of Statistics show. This new…
Naira exchanges 590 to dollar ahead of Easter
The naira slumped further and exchanged to the dollar at 590 on Thursday at the parallel market ahead of the Easter festive…
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 it generates higher revenue like Ghana, Kenya,…
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 fiscal framework of the Federal Government. The…
Oil theft affecting govt finances, naira stability –MPC member
Massive oil theft, among other challenges, is affecting government finances and threatening naira stability. The Central Bank of Nigeria disclosed this in…
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. The Minister of Finance, Budget, and National…
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 a British firm in reviving the Ajaokuta…
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 over 80,000 refugees and 3.2 million internally…
Dangote refinery’ll drive industrial revolution in Africa –FG
THE Minister of Information and Culture, Lai Mohammed, has described the Dangote Petroleum Refinery as a project that will revolutionise the petroleum…
Nigeria’s total debt may hit N50tn – Report
THE Centre for the Promotion of Private Enterprise has said that Nigeria’s debt, including that of the Asset Management Corporation of Nigeria…