The annual inflation rate of the United States reached 9.1 percent in June, the highest rate in almost 41 years. The Bureau of Labour Statistics (BLS) disclosed this...
The Central Bank of Nigeria (CBN) and four other agencies have come under criticism of the House of Representatives following their failure to recover debts owed...
Shell Plc says it has paused the divestment of its onshore oil assets in Nigeria pending the outcome of a case at the supreme court. In...
The Central Bank of Nigeria (CBN) has issued guidelines for improved cyber security in Nigerian financial sector, especially among the Other Financial Institutions (OFIs). The circular...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the 2020 marginal field bid round exercise generated about N200 billion as well as $7 million in revenue for the...
The Nigerian naira has dropped to N614 against the dollar at the parallel section of the foreign exchange market. The figure signifies a depreciation of N7...
These are challenging times for the federal and state governments as one major source of income to the federation account seems to be totally cut off....
Federal government bonds worth N225 billion would be auctioned today, Monday, June 20, 2022, by the Debt Management Office (DMO) at the primary market. The debt...
Nigeria’s debt servicing bill has increased by 109 per cent to N896.56bn, findings by The harmattan News have shown. As a result, the country has also spent N3.83tn...
The International Monetary Fund (IMF) says inflation will remain high despite the ongoing economic recovery in Nigeria. The Washington-based institution said this in a statement issued...