Economy
-
PenCom cracks down on non-compliant employers
The National Pension Commission (PenCom) has issued a directive to Licensed Pension Fund Operators (LPFOs) to ensure compliance with the…
Read More » -
FG earns 52kobo from every N1 generated by my cement company -Dangote reveals
The Dangote Group founder, Aliko Dangote, asserted that the Nigerian government receives 52 kobo for each N1 made from the…
Read More » -
Finance Minister charges new AMCON Board on improved debt recoveries
Finance Minister and coordinating Minister of the Economy, Mr. Olawale Edun, has charged the new Board of Directors of the…
Read More » -
Obi slams N7trn budget scandal, calls for action against corruption
Labour Party presidential candidate in the 2023 election, Peter Obi has once again sounded the alarm on Nigeria’s rampant corruption,…
Read More » -
Debt Trap: Nigeria spends $2bn on external debt service in 4 months
Nigeria spent about $2.01 billion on external debt servicing between January and April 2025, marking a 50 per cent increase…
Read More » -
CBN reassures on Nigeria’s banking sector stability
The Central Bank of Nigeria has assured the general public, including the local and global banking community that the country’s…
Read More » -
DBN targets N1.8trn loan expansion to boost MSME growth
THE Development Bank of Nigeria (DBN) says it is expanding its support for Micro, Small, and Medium Enterprises (MSMEs) by…
Read More » -
Nigeria’s economy facing turbulence, food union laments
The leadership of the National Union of Food Beverages and Tobacco Employees (NUFBTE) says the food sector and the country’s…
Read More » -
Over N4trn Debt: AMCON, AMPS strategize to tighten noose on obligors
As part of the renewed strategy of the executive management of the Asset Management Corporation of Nigeria (AMCON) currently led…
Read More » -
Nigeria’s external reserves crashes to $375m, falls to $37.8bn, lowest in 8 months
Nigeria’s external reserves plunged to its lowest levels in at least eight months in April driven by foreign debt servicing…
Read More »