federal government has pledged a far reaching reforms and unveiled ambitious growth plans at the ongoing trade dialogue in a bid to…
Category:
Economy
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The Executive Chairman of the Economic and Financial Crimes Commission, Mr. Ola Olukoyede has challenged foreign countries where Nigeria’s stolen assets are warehoused…
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Lagos state has budgeted N2.2 trillion for the fiscal year 2024 as the state Governor. Babajide Sanwo-Olu on Wednesday presented the amount…
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A former Minister of Power and Steel Dr Olu Agunloye, has been declared wanted by the Economic and Financial Crime Commission (EFCC)…
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U.S. government, through the U.S. Agency for International Development (USAID) and in partnership with the Abdul Samad Rabiu Africa Initiative (ASR) has…
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Nigeria still needs to control inflation and stabilise its foreign exchange market to boost growth in Africa’s largest economy following currency reforms…
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EconomyNews
Developing countries paid record $443.5bn on Public Debt in 2022 poorest countries face risk of debt crises as borrowing costs surge—WBG
Amid the biggest surge in global interest rates in four decades, developing countries spent a record $443.5 billion to service their external…
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EconomyNews
Eleme petrochemical, Discos, EPCL, Nicon Insurance, others to be offered for sale in 2024—BPE
Bureau of Public Enterprises BPE, is to raise money for the federal government to part finance the 2924 budget through the offer…
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EconomyFinanceNews
CBN says Nigerian banks are sound, strong, resilient; suspends processing fees for large cash deposit in banks
The Central Bank of Nigeria (CBN) says the Nigerian banking industry is sound, strong and resilient just as it has suspended processing…
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Ratings agency Moody’s on Friday revised its outlook on Nigeria to positive from stable, citing possible reversal of the deterioration in the…
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Countries clashed on Saturday over a possible agreement to phase-out fossil fuels at the COP28 summit in Dubai, jeopardising attempts to deliver…
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BusinessEconomyNews
CBN’s exchange rate upward adjustment for computation of import duty will hurt business aggregate poverty—CPPE
Centre for the Promotion of Private Enterprise has said that the recent decision by the Central Bank to increase the customs exchange…
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BusinessEconomyNews
Disregard our minimum paid up capital with foreign participation statement CAC pleads
Corporate Affairs Commission has asked companies and Nigerians to disregard an earlier statement issued by it on paid up capital. In a…
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EconomyFinanceNews
CBN raises alarm over fake currency in circulation, warns Nigerians to be alert at food market
Central Bank of Nigeria has alerted the nation of the existence in circulation of fake Naira notes. The apex bank in a…
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The Federal Government has disclosed that its participation in the COP28 Climate Summit in Dubai, UAE has yielded over $5 billion in…