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The federal allocation to the three tiers of government continues to decline on the back of reductions in government revenue, as a result of...
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On May 21, 2024, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded its 295th meeting with a pivotal decision:...
The People’s Redemption Party (PRP) has voiced concerns over Nigeria’s reliance on the economic policies of the Bretton Woods Institutions. These institutions, which include...
Nigeria’s recent announcement of its ₦5.4 trillion expenditure on fuel subsidies has generated significant discussion and concern. The Minister of Finance and the Coordinating...
Guaranty Trust Holding Company Plc (GTCO), Africa’s leading financial services institution, has been named Nigeria’s strongest brand and Best Banking Brand by Brand Finance...
The Federal Government of Nigeria recently announced a $3.5 billion agreement with the African Export-Import Bank (Afreximbank). This deal aims to enhance the textile...
The federal allocation to the three tiers of government continues to decline on the back of reductions in government revenue, as a result of...
The present administration has resisted increasing calls by some businesses and state governors who have been negatively impacted by an artificially overvalued naira to...
The largest amount of capital importation by type was received through other investment, which accounted for 73.22 per cent at $783.26m of total capital...
The Central Bank said not only are cryptocurrencies issued by unregulated and unlicensed entities, the patrons and users value “anonymity, obscurity, and concealment” and...
One consequence of the last rebasing was that Nigeria became a predominantly services economy.
FGN Bonds got the lion’s share of N7.38 trillion as of November 2020.
States were awarded for results achieved across disbursements linked indicators (DLIs) in the 2019 annual performance assessment (APA).
Federal court officials and police visited First Bank of Nigeria Ltd.’s main branch in the southern oil hub of Port Harcourt on Jan. 12...
As at end of November 2020, N1.22 trillion had been released for capital expenditure.
The FG generated an actual revenue of N3.9 trillion during the year, compared to its targeted revenues of N5.36 trillion.