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Economy

Latest Economy News

2022 Africa Wealth Report Reveals ‘Big 5’ Hold Over 50% of the Continent’s Private Wealth

The total private wealth currently held on the African continent is USD

Nigeria Records 15.92% Inflation In March – NBS

The National Bureau of Statistics (NBS) said on Saturday that the nation’s

CBN: Illegal financial operators offering extra-ordinary returns on investments dangerous

The Central Bank of Nigeria (CBN) through its Financial Services Regulation Coordinating

Dangote Refinery begins Urea Fertiliser export to US, Brazil, others

With the coming on stream of the Dangote Fertiliser Plant, in Lagos,

Don’t bring mutilated, ‘composed’ naira notes to us – CBN warns banks

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs)

CBN disburses N42bn to support wheat cultivation in 15 states – Emefiele

The Central Bank of Nigeria (CBN) says it has expanded about N42

Senate confirms 7 members of CBN’s Monetary Policy Committee

The Senate at the Wednesday plenary confirmed the nomination of seven members

FACC: FG, states, LGs share N695bn for February

The Federation Accounts Allocation Committee (FAAC) has shared a total sum of

CBN disburses N1.3 trn to support power supply in 5 years

The Central Bank of Nigeria (CBN) says it has disbursed over N1.3

2023: Electing Emefiele as president will elevate Nigeria’s status – Group

A pressure group, The Green Alliance, has suggested that getting the Governor of

“No light, no fuel!” Citizens cry out over the deplorable state of affairs in Nigeria

Since Nigeria gained its independence in 1960 from British colonization, we have

Mining companies owe federation accounts N2.76bn – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) says over 2,000 companies operating

MAN seeks FG’s intervention, as diesel hits N720 per litre

The Manufacturers Association of Nigeria (MAN) is seeking urgent intervention from the

Lagos Free Zone to decongest Apapa, Tincan Island ports – Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele says the

Ukraine invasion: Japan to freeze assets of 4 more Russian banks

Japan will freeze assets held by four more Russian banks in another

Governors Wives fly to Dubai from Nigeria to present Aisha Buhari with birthday cake

The apathy of Nigerian political leaders towards the lives and wellbeing of

Protest at ports: Freight forwarders withdraw over possible hijack

The National Association of Government Approved Freight forwarders (NAGAFF) has withdrawn its

CBN and “endless possibilities” of its eNaira

Central Banks across the world have the mandate to control the circulation

Money Laundering: CBN advises National Assembly against new laws

The Central Bank of Nigeria on Thursday kicked against the plan by

DMO faults IMF over claim Nigeria could spend 92% of revenue on debt servicing

The International Monetary Fund (IMF)’s projection that Nigeria might spend over 92

Reps move to transfer assets of defunct NNPC to NNPC Ltd

The House of Representatives’ Ad-hoc Committee to ascertain total inventory, assets, interests

Nigeria’s economy fragile – Experts warn FG against introducing new taxes

Financial experts have urged the Federal Government to stop the introduction of

How eNaira is doing 3 months on — Emefiele

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) says Nigerians are

IMF revises down global GDP growth to 4.4%

The International Monetary Fund (IMF) says global Gross Domestic Product (GDP) growth

Enhancing growth of SMEs through financial products

The Small and Medium Enterprises (SMEs) sector is considered the backbone of

Experts explain decreasing inflation, rising prices of goods

Inflation has been on a steady decrease for seven consecutive months from

Make short term plans to balance budgets – Tope Fasua tells FG

An economist, Mr Tope Fasua, has urged the Federal Government to make

Buhari promises to address forex supply to manufacturers for importation

President Muhammadu Buhari has promised to take appropriate measures to improve access

Economy: Nigeria’s situation critical – Obaseki

The Governor of Edo State, Godwin Obaseki, says Nigeria needs to start

Nigerians Will Pay More Taxes In 2022 – Finance Minister

The Minister of Finance, Mrs Zainab Ahmed says there might be introduction