Business
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...
Hi, what are you looking for?
FG Seals $3.5B Deal with Afrexim for Textiles, CNG Vehicles; Cooking Gas Prices Soar 70%
The Struggles of Nigeria’s Mining Sector: An In-Depth Look
Latest Nigeria News June 20: Top Headlines You Can’t Miss
Nigeria in a Flash: Today’s Top Economic, Business, and Financial News
Nigerian Court Upholds Ruling for Banks to Require Social Media Handles
GTCO Crowned Nigeria’s Top Brand and Premier Banking Giant
Travelstart and GIGM Partner to Enhance Air and Road Travel Convenience
Budget 2024 Live Updates: Key Takeaways from the Pre-Budget Meeting with State Leaders
Reno Air Races Pumped $150 Million into Local Economy
Understanding Nigeria’s Latest Monetary Policy Decision
Understanding Nigeria’s Latest Monetary Policy Decision
IMF and World Bank Policies Plunge Nigeria into Economic Misery, PRP Claims
Nigeria’s Fuel Subsidy Spending and Economic Plans: An Analysis
First Bank Tops SME Rankings in Africa; MultiChoice Fined, Ordered Free Service; Nigeria’s PPP to Hit $1.85 Trillion by 2029
CBN Revokes Heritage Bank License: Understanding the Situation
Travelstart and GIGM Partner to Enhance Air and Road Travel Convenience
Reno Air Races Pumped $150 Million into Local Economy
Emirates Airlines Resumes Flights to Nigeria on October 1
AirPeace Takes on Global Giants: A David vs. Goliath Battle in Nigerian Skies
Why the Aviation Sector Desperately Needs Government Support
Riding the Wave: NGX’s Market Cap Top-Performing Stocks in January 2024
Stock Market Sensation: The Dangote Cement Rollercoaster: N1,000 Price Target in Sight!
Your N2 Million Roadmap: Where and How to Invest in High-Potential Nigerian Stocks in 2024!
Nigerian Capital Market Defies Odds: Flourishes Amid Subsidy Removal and Forex Challenges in 2023
Navigating the Future: The Impact of Index Investors on Financial Markets and Asset Management
Understanding the hype around PAPSS and how it works
Pure water price doubles in one year as Nigerians suffer erosion of purchasing power
Garri N17k, bread N350… Nigerians hit hard as global food prices also reach 10-year high
Oil price nears $72 per barrel over larger than expected crude draw
Nigeria’s State Oil Firm to Acquire Stakes in Six Refineries
Riding the Wave: NGX’s Market Cap Top-Performing Stocks in January 2024
Stock Market Sensation: The Dangote Cement Rollercoaster: N1,000 Price Target in Sight!
Your N2 Million Roadmap: Where and How to Invest in High-Potential Nigerian Stocks in 2024!
Abdul Samad Rabiu Emerges as Nigeria’s Top Investor, Surpassing Dangote on NGX
Nigerian Stock Market Dominance: 15 Listed Firms Command N32.53trn Capitalization
Exploring the Impact of Global Currency Exchange Rates on Everyday Life
NYSC Couple Thrives with Akara Business at the University of Ibadan
Nigeria Leads Q1 2024 Africa Start-Up Funding: A Closer Look at the Numbers and Trends
Understanding Nigeria’s Foreign Exchange Strategy: Clear Communication is Key
Navigating Economic Waters: Beyond GDP with Purchasing Managers’ Index (PMI) Surveys
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...
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...
Nigeria also owes five countries (China, France, Japan, India and Germany) $4.07 million; accounting for 12.74 percent of the nation’s external debt.
The break down of the Public Debt Stock showed that 37.82% was External, while the balance of 62.18% was Domestic.
Debt relief measures will help in providing some of the needed support.