Economy
-
Nigeria owes IMF, World Bank, others $31.98bn
Nigeria’s bilateral and multilateral debts stood at $31.98 billion as of September 2020, according to the latest figures released by…
Read More » -
World Bank forecasts 2.7% economic growth for sub-Saharan Africa
Sub-Saharan Africa is forecast to experience economic growth of 2.7 per cent in 2021 as it rebounds from its first…
Read More » -
Nigeria owes domestic investors N15.8tr
The Federal Government is owing N15.85 trillion in domestic debts, with almost three-quarters of the debts due to bondholders. The…
Read More » -
Cement manufacturers agree to lower price for FG Housing scheme – Osinbajo
The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, on Sunday said cement manufacturers in…
Read More » -
British firm begins gold mining in Nigeria
A British firm, Panthera Resources Plc, has announced that its associated company, Moydow Holdings Limited (Moydow), has commenced drilling at its…
Read More » -
Sanwo-Olu signs N1.163trn budget into law, says state will make tough choices
Lagos State Governor, Babajide Sanwo-Olu, on Thursday signed the 2021 budget of N1.163 trillion into law, saying his government will…
Read More » -
President Buhari signs N13.588trn 2021 Budget
President Muhammadu Buhari on Thursday in Abuja signed the 2021 Appropriation Bill of N13,588,027,886,175 into law. The president’s action followed…
Read More » -
Nigeria has highest number of people living on less than $1.90 a day — Financial Times
Financial Times, an international business newspaper, Tuesday described Nigeria as a nation that has the highest number of poor people…
Read More » -
Buhari govt sets up committee to fight hunger in Nigeria
The Federal Government has set up a team to address hunger and malnutrition in Nigeria. In a statement on Thursday…
Read More » -
PenCom to commence automated verification of MDAs employees
The National Pension Commission (PenCom) is set to commence automated verification of employees of Treasury Funded MDAs of the Federal…
Read More »