FX remittances quadruple to $1.3bn February – CBN
The Central Bank of Nigeria (CBN) has said overseas remittances into the country rose to $1.3 billion in February 2024
Read More
ECONOMY
N22tr CBN printed under Buhari went to privileged few, caused current inflation, Edun discloses
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the N22.7 trillion printed by
Read More
Decision of MPC to raise MPR, CRR, will worsen economic crisis, job losses –Peter Obi
Peter Obi, the presidential candidate of the Labour Party in the 2023 general election, has raised concerns regarding the recent
Read More
Nigeria’s economic crisis deep, beyond exchange rate, Moghalu asserted
“Exchange rate crisis is simply a symptom not the ailment itself” A former Deputy Governor of the Central Bank
Read More
BudgIT assesses 36 states’ procurement websites, flags 13 for non-compliance
BudgIT, a leading civic-tech organization promoting transparency, accountability, and effective service delivery in Nigeria, under its State
Read More
Nigeria’s economic growth may decline in 2024 – UN
The United Nations has said that Nigeria’s rising debt, increasing inflation rate and its impact on the
Read More
“Increase in interest rate has been ineffective in curbing inflation” – Muda Yusuf
The Director of the Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf has stated that monetary
Read More
Capital importation declines to $654.65m – NBS
The National Bureau of Statistics (NBS) has said Nigeria’s capital importation dipped by 43.55% to $654.65 million in the third
Read More
Makinde assents to N438.4bn 2024 Appropriation Act
Oyo State governor, ‘Seyi Makinde, has signed the N438.4 Billion Budget, declaring that his administration will demonstrate total fidelity
Read More
Nigeria’s unemployment rate increased to 4.2% in Q2 2023 – NBS
The National Bureau of Statistics (NBS) says the unemployment rate in Nigeria increased to 4.2 per cent in Q2 2023
Read More