Category: Economy

Nigeria’s FDI dropped by $19bn in 10 years – Minister

The Foreign Direct Investments into Nigeria dropped by $19bn in 10 years, from $22.7bn in...

Nigeria becomes world’s highest CRR country — Ecobank official

The Head, of the Group Corporate Banking and Chief Operating Officer, at Ecobank Transactional, Dr....

Long queues resurface at filling stations as marketers blame supply hitch

Long queues at gas stations in Lagos and Ogun began to form again, causing concern...

Naira sells at N1262 against dollar

The naira, on Wednesday, continued its gain against the United States dollar, appreciating both at...

NNPCL denies reducing fuel pump prices

The Nigerian National Petroleum Company Limited has debunked claims that it has reduced the pump...

CBN sells N1.64 trillion in treasury bills

The Central Bank of Nigeria successfully conducted an auction of Nigerian Treasury Bills on March...

Interest rate: Private sector predicts higher inflation, massive job cuts

Private sector operators stated on Tuesday, that the rise in Nigeria’s Monetary Policy Rate, from...

Interest rate hike won’t be for too long, says Cardoso

The CBN governor Olayemi Cardoso, affirmed that the current spate of monetary policy tightening measures...

Nigeria to join European Bank for Reconstruction and Development – Wale Edun

The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, has said...

Nigeria’s public debt soars to N97.34tn — DMO report

The Debt Management Office of Nigeria has revealed that Nigeria’s public debt has surged to...

Naira rebounds to N1,400/$ as speculators offload forex

The naira rebounded against the United States dollar on Wednesday at the official and parallel...

FG seeks $1bn W’Bank loans for IDPs, agric

The Federal Government is in talks with the World Bank to complete the processes of...

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