Economy
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Experts fear serious economic consequences for Nigeria as World Bank predicts global recession
Economic and financial experts have warned that Nigeria could face serious economic consequences if the global economy contracts into a…
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NCC reiterates commitment to promoting organizational efficiency, capacity building
The Nigerian Communications Commission (NCC) has reiterated its stance on professionalizing its workforce and strengthening collaborations with strategic partners such…
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Apprehension, fear as banks plan downsizing over rising operating costs
There are palpable fears of job loss in the financial sector as banks move to contain rising high operating costs.…
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Dollar hits N600 at parallel market, as forex supply shrinks
The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s…
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Naira slides to four-month low against dollar
Naira hit a four-month low Thursday, depreciating 0.30 per cent against the U.S. dollar at the official market. The…
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Energy, finance experts, cleric decry FG’s huge debts
Chief Executive, EPCM Engineers Limited, Mr. Okee Onwuka; Chief Examiner, The Chartered Institute of Bankers of Nigeria, Mr. Ubani Uchechukwu…
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20 Pension Fund Administrators meet N5B minimum capital base
Twenty Pension Fund Administrators (PFAs) met PenCom’s deadline to increase their capital base from N1 billion to N5 billion by…
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Border closure: Importers, exporters lose N4.3trn, 1,450 SMEs shut in 3 years
Importers and exporters have declared a cummulative loss of about N4.3 trillion due to land border closure in the last…
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Nigeria’s fiscal deficit hits N2.23trn in Q4 2021 – CBN
The Federal Government’s fiscal deficit hits a whopping N2.23 trillion in the fourth quarter of 2021, according to the Central…
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FG loses N163.4bn to land border closure
The Federal Government lost about N163.4billion to four of the country’s land borders within the period of their closure. The…
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