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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...
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In the hustle and bustle of everyday life, Nigerians wake up to the harsh realities of economic challenges. From the cost of living soaring...
Nigeria’s Credit Rating Gets a Boost Good news for Nigeria! The country’s economic outlook is looking brighter. Recently, Fitch Ratings, a group that decides...
In a recent announcement, Nigeria’s electricity sector has seen a significant change with the deregulation of meter prices. This change is expected to affect...
Organized labor unions in Nigeria have taken a stand against the recent increase in electricity tariffs by the federal government, opting to picket power...
The Role of the Central Bank in Nigeria’s Economy Recently, the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, shared some insights that can...
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.
Out of the 2020 budget deficit of N6.1 trillion, N2 trillion was sourced from domestic borrowing, and another N12 trillion from foreign borrowing. The...
FIRS chairman, Muhammad Nami, expressed worries that many rich multinational corporations did not pay the right taxes due to them.
With the prospects of a widening current account deficit in the country, Jolomi Odonghanro, Head of Research & Strategy, Cordros Securities, said the ability...
The huge debt would be enough to capitalise two million micro-businesses in the country.
The act exempts official bank accounts owned by the federal government, state government or local governments or any of their ministries, departments or agencies.
The report said a high debt burden is likely to limit the ability of many sub saharan countries to fund post-COVID reforms.
Lai Mohammed stated that 36 of 46 economic activities did better in the third quarter of 2020 than in the second quarter of the...