IMF projects 3.2% economic growth for Nigeria 2023
The International Monetary Fund (IMF) on Wednesday maintained its 2022 growth forecast for Nigeria at 3 per cent for 2022
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ECONOMY
Nigeria’s debt to hit N77tr by May
The administration of President Muhammadu Buhari will be leaving behind a debt of N77 trillion. It will be made up
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Budget: Buhari regime had N6.37tr fiscal deficit as of November -Finance Minister
Finance minister Zainab Ahmed disclosed that the President Muhammadu Buhari regime had spent N12.87 trillion of the N17.126 trillion budgeted
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Buhari signs N21.83tn 2023 Budget
President Muhammadu Buhari on Tuesday signed the 2023 Budget of N21.83tn along with the 2022 Supplementary Appropriation Bill into
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Nigeria’s foreign reserves drop by $3.43bn in 2022
Data from the Central Bank of Nigeria (CBN) has revealed that Nigeria’s foreign reserves fell by 8.46 per cent
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World Bank says FG’s interest payment on CBN loans to gulp 62% of revenue by 2027
The World Bank has said that interest payments on the Federal Government’s borrowing from the Central Bank of Nigeria
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Inflation: Centre urges CBN to halt monetary tightening policy
The Centre for the Promotion of Private Enterprise (CPPE) has advised that the deployment of monetary tightening tools should be
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Nigeria secures $9b loans from World Bank
The World Bank’s Nigeria Country Director, Shubham Chaudhuri has disclosed that in the last 30 months, Nigeria has borrowed $9
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CBN meets Senate on N100,000 weekly cash withdrawal limit
The Central Bank of Nigeria (CBN) on Friday offered explanation to Senate Committee on Banking, Insurance and other Financial Institutions
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No going back on cash withdrawal limit policy – Emefiele
The Central Bank of Nigeria (CBN) has stated there is no plan to reverse the new cash withdrawal limit policy
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