The federal government repeated recourse to its Ways and Means facility (WMF) with the central bank (CBN) highlights weaknesses in public finance management, says Fitch Ratings....
The President, African Development Bank (AfDB), Akinwumi Adesina, has said that Africa remains fertile ground for investment, but much hinged on the continent’s ability to boost...
The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a Joint Action Plan to strengthen cooperation between both banks and support investment...
The National Bureau of Statistics (NBS) has said average air fare increased by 18.54 per cent Year-on-Year (YoY) performance in December 2020. The bureau said the...
Naira at the Investors & Exporters Foreign Exchange (I & E FX) depreciated by 0.21 per cent to close at N394.17 against the dollar on Wednesday....
Federal Govern-ment has pledged its commitment to supporting Micro, Small and Medium Enterprises (MSMEs) in order to create more job opportunities for the nation’s teeming youths....
The Chartered Institute of Bankers of Nigeria Centre for Financial Studies, (CIBN) has said that there was an acceleration of digital customer services and interactions in...
The average price paid by consumers for premium motor spirit (petrol) increased by 14.00 per cent year-on-year from N145 to N167 in December 2020, the latest...
Following the successful activation of the Economic Sustainability Plan’s (ESP) Cash Transfer scheme, Vice President Yemi Osinbajo, has said the vision of reducing extreme poverty by...
The Federal Inland Revenue Service (FIRS) collected N4,952,243,711,728.37 in total tax revenue in the year 2020. This landmark achievement represents approximately 98% of the national tax...