The World Bank’s Country Director for Nigeria, Mr. Shubham Chaudhuri, has highlighted the country’s remarkably low levels of public spending compared to the rest of the...
The Acting Governor of the Central Bank of Nigeria, Folashodun Shonubi, has announced that the bank will repay all outstanding forward contract debts owed to banks...
…External debt to W’ Bank reaches $14.33bn — DMO By Sodiq Adelakun Nigeria, a nation struggling with economic difficulties, is facing a delicate predicament as it...
By Sodiq Adelakun In the period between January and July 2023, the foreign exchange turnover on the FMDQ reached an impressive $44 billion (equivalent to N22.98...
Gastech 2023, the world’s largest meeting place for natural gas, LNG, hydrogen, low-carbon solutions, and climate technologies, opened yesterday welcoming record-breaking numbers to Singapore EXPO. The...
The Federal Government has initiated the preparation of the 2024 budget through the Ministry of Budget and Economic Planning. The government plans to submit the budget...
… Apex bank contributes less than 25% of total volume — CBN Acting Gov. The Central Bank of Nigeria (CBN) has recently revealed its intention to...
By Sodiq Adelakun The Nigerian naira experienced a depreciation against the US dollar on Monday, as it was exchanged at a rate of N747.87 at the...
…declares interim dividend of 25 kobo per share Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the...
By Sodiq Adelakun Nigeria has seen a significant increase in revenue from value-added tax (VAT) in the first half of 2023, according to data released by...