Economy
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BREAKING: CBN to limit cash withdrawals from Jan 9, 2023
The Central Bank Of Nigeria, has imposed fresh cash withdrawal limits on individuals and organisations. According to a new…
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Naira depreciation worsens Nigeria’s foreign debt burden, rises to ₦9trn
The value of naira to dollar fell from N196.92 in June 2015 to N414.72 in June 2022, worsening Nigeria’s foreign…
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Alleged Budget Padding: Senate panel grills Finance Minister
The Senate Committee on Appropriations yesterday queried the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, over alleged…
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Nigerians in diaspora remit over $21bn in 2022, highest in sub-Saharan Africa
The World Bank has revealed that Nigerians abroad remitted home more than $20.9 billion to families and friends. The…
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FG blames state governors for rising poverty
The federal government today said state governors were partly responsible for the rising rate of poverty nationwide. It blamed…
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Interswitch, FIRS partner to sensitize taxpayers on benefits of digital remittance
Understanding the need for a convenient tax filing and payment system in the country, the Federal Inland Revenue Service (FIRS),…
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FG borrows N24tn from CBN amid fiscal risks
The Federal Government has borrowed N6.31tn from the Central Bank of Nigeria through Ways and Means Advances in 10 months.…
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How I’ll change Nigeria’s trajectory from consumption to production — Obi
The Presidential candidate of the Labour Party (LP), Mr Peter Obi, has revealed how he will move Nigeria from consumption…
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Pension fund assets hit N14.42trn as PenCom set MPP on higher pedestal for civil Society adoption
Pension fund assets has not only hit N14.42trillion as at end of September 2022, the National Pension Commission is at…
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There’s nothing to worry about, Nigeria’s rising inflation consistent with global trend – Emefiele
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) on Friday said the steady increase in headline inflation from 15.60…
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