We’ve Cleared Ways And Means Debt Of Over ₦30 Trillion – Tinubu
President Bola Tinubu says the federal government has cleared over N30 trillion in ways and means advances. Tinubu spoke on...
Wale Edun: We’ve exited ways and means… CBN would no longer fund FG’s debt
Wale Edun, minister of finance and coordinating minister of the economy, says the federal government had “exited” servicing its debts...
Nigeria’s Foreign Debt Service Costs Surge By 96% To $2.19 Billion By May 2024
Nigeria has seen a significant surge in its foreign debt servicing costs, with an increase of 96% year-on-year, according to...
20 Governors Borrow Fresh ₦446bn As Revenues Tumble
N446.29bn collectively to address their budget deficits and to cover various expenses, including essential services, infrastructure projects, and operational costs....
Nigeria’s FX Reserves Rise By $621.2 Million In 10 Days
Nigeria’s foreign exchange (FX) reserves rose by $621.2 million in 10 days following the successful sale of a domestic dollar...
Marketers, refiners demand total subsidy removal
Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream oil sector, seeking...
Nigeria’s Trade Surplus Hits N6.95 Trillion In Q2 2024 As Import Weakens
Nigeria recorded a trade surplus of N6.95 trillion in the second quarter of 2024, reflecting the country’s strong export performance...
Dangote Refinery Begins Polypropylene Production In October, Curbing Nigeria’s $268m Import
The Dangote Refinery is set to begin polypropylene production by the end of October 2024, effectively curbing Nigeria’s imports of...
Why cement prices are sky-high –BUA
Abdul Samad Rabiu, Chairman of BUA Cement, has highlighted the significant impact of middlemen on cement prices, attributing the high...
New Minimum Wage: NYSC DG Promises Increased Allowance For Corp Members
General Ahmed also implored them to use the opportunity of the service year to develop themselves and plan for greater...