Economy
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NLC vows to shut down economy January 27 over proposed fuel price increase
The Nigeria Labour Congress (NLC) has resolved to embark on a nationwide protest on 27th January 2021, to express its…
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Nigeria’s external reserves decline by $440m in two weeks
The nation’s external reserves fell by $440million in two weeks from $41.15billion at the start of this month, figures obtained…
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Cooking Gas: Reps urge FG to intervene as price hits an all-time high
The House of Representatives has urged the Federal government to intervene in the astronomical cost of cooking gas, in order…
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Lagos indebted to retirees by over N30bn – Pensioners’ chair
The Chairman, Association of Retirees and PFA Pensioners, Lagos State, Michael Omisande, has said Lagos State is indebted to people…
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Nigeria emerges fastest growing hub in Africa in terms of capital investments, beats South Africa, Egypt
Nigeria has emerged the fastest-growing hub on the continent in terms of capital investments despite its security challenges. This is…
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Prices continue on the upswing even as NBS says inflation dropped in November
The inflation rate in Nigeria fell in November to 15.40 per cent (year-on-year), the lowest since December last year, according…
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FG set to toll federal roads to repay infrastructure debts – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said most of the roads constructed in the…
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Nigeria owes N38trn, wants to obtain fresh $5.8bn external loan, $10m grant
Nigeria’s total public debt as of September, third quarter of 2021, is N38.005 trillion, the Debt Management Office (DMO), has…
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Treasury Single Account: FG compiles list of erring banks, MDAs for sanction
In addition, the Federal Government has ordered all banks still holding on to government funds “to transfer all remaining balances…
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Nigeria plunges deeper into debt conundrum as Reps approve Buhari’s request for $5.8bn loan, $10m grant
The House of Representatives has approved President Muhammadu Buhari’s loan request of $5.8 billion and grant of $10 million. The…
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