Nigeria spend N3.63trn on debt servicing in 2022
Data from the Debt Management Office (DMO) has disclosed that the Federal Government of Nigerian The obtained data show that
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ECONOMY
FG gets $800m World Bank grant for subsidy palliatives
The Federal Government said it has secured an $800 million fund from the World Bank to attend to a segment
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FEC approves N18.6bn for new EFCC training academy, census facilities, other contracts
The Federal Executive Council meeting presided by President Muhammadu Buhari on Wednesday ratified an approval of N3.3 billion to build
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Nigeria’s xternal reserves down by $1.46bn between January and February ending -CBN data
Figures obtained from the Central Bank of Nigeria (CBN) have revealed that the country’s external reserves fell by $1.46 billion
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AfDB says Nigeria can build climate-resilient economy
The African Development Bank (AfDB) has said that Nigeria can build a climate-resilient economy by adopting climate-smart agricultural practices.
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$618m AFDB Tech Fund: Adeleke creates support desk for Osun tech innovators/entrepreneurs
commends AFDB President, Dr Adesina’s visionary leadership The Executive Governor of Osun State, Senator Ademola Adeleke has directed
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Currency in circulation drops by 235.03% to N982bn in February from N3.29tn – CBN
Nigeria’s Currency in circulation (CIC) in Nigeria dipped by 235.03 per cent to 982.09 billion at the end of February
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Nigeria headline inflation rises further to 21.91% in February
The headline inflation rate rose to 21.91 per cent in February 2023, compared to January 2023 headline inflation rate
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Naira Crisis: Nigeria’s economy loses N20trn -CPPE
The Director of the Centre for the Promotion Of Private Enterprise (CPPE) Dr Muda Yusuf, said Nigeria’s economy had lost
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CBN Anchor Borrowers’ loan repayment stands at 52.39%
The Central Bank of Nigeria (CBN) has disclosed that total repayments as of the end of February 2023 under its
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