The Federal Government says that it has projected that the oil sector’s contribution to Nigeria’s Gross Domestic Product (GDP) will decline to 5% between 2023 and...
The Federal Government has responded to reports that the Excess Crude Account has dropped from $35.7 million to $376,655. The government disclosed that the $35million disbursement from the...
The Central Bank of Nigeria’s Treasury Bills auction for a 364-Day tenor, which sought to raise N258.5 billion from investors, recorded an oversubscription of 22.7%, as...
Nigerian naira, on Wednesday, weakened to N707 a dollar at the parallel section of the foreign exchange market. The figure represents N42 or 7.45 percent depreciation...
The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate and inform senators in a closed...
BUA Cement, owned by billionaire, Abdulsamad Rabiu, reported its revenue grew by 51.7% in the second quarter of 2022. While this is an impressive growth, the...
A new cryptocurrency market report titled, “What Does the Future Hold for Crypto Exchanges,” has revealed that in terms of the cryptocurrency market size in Africa, Nigeria has...
The federal, state and local governments shared N802.407bn as federation allocation for the month of June, 2022. This represents 18 per cent increase from N681bn shared...
The International Monetary Fund (IMF) has retained projected economic growth of 3.4 percent for Nigeria in 2022. The Washington-based institution disclosed this on Tuesday in its...
The Central Bank of Nigeria (CBN) has asked a court for an order to freeze 157 accounts of Meter Asset Providers (MAPs) for allegedly diverting funds meant for...