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Economy

Latest Economy News

150,000 Kebbi farmers, civil servants to benefit from CBN facility

At least 150,000 farmers in the 21 Local Government Areas of Kebbi

Oil Spill: ERA/FoEN hails judgement against Shell

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), an NGO, has

Contract for renovation of national art theatre to be awarded soon— Emefiele

The Central Bank Governor, Mr Godwin Emefiele, has expressed hope that a

Provide details of payments of N729bn to 24.3m poor Nigerians – SERAP asks FG

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Minister of

Old cheque books will be phased out March 31 – CBN

The CBN has advised all Deposit Money Banks (DMBs) accredited Cheque Printers/Personalisers,

Nigeria records highest inflation rate in 3 years

Nigeria has recorded its 16th straight month of inflation-rate increase, according to

“Be Prepared To Lose All Your Money” – UK Financial Regulator Warns Crypto Investors

Investors in crypto assets must be aware they could lose all their

Nigerian economy will grow by 1.1 percent in 2021 – World Bank

The World Bank says global economy is expected to grow by 4

World Bank Predicts 4% Global Economic Growth, 1.1% for Nigeria in 2021

  The World Bank says global economy is expected to grow by

South Africa Urges Manufacturers, Farmers to Expand Exports Through AfCFTA

  South Africa’s Trade and Industry Minister Ebrahim Patel on Friday urged

2021 Budget: “Deliver On Targets Or Get Sanctioned” – Buhari Warns Revenue Generating Agencies

President Muhammadu Buhari Thursday in Abuja issued a stern warning to agencies

Fintiri signs Adamawa N140 bn 2021 budget into law

The Governor of Adamawa State, Ahmadu Fintiri on Saturday signed the state's

Why we bumped up 2021 budget to N13.58tn – House of Reps

The House of Representatives has hinged its decision to increase the 2021

42 microfinance banks affected as CBN withdraws operating licenses

The Nigeria Deposit Insurance Corporation (NDIC) says the Central Bank of Nigeria

Nigeria to Host World Summit for Single Market in Africa in 2021

  Nigeria will host the World Summit for Single Market in Africa

CCECC to Support Infrastructure Development in Nigeria

   The China Civil Engineering Construction Corporation (CCECC) has pledged to support

NCC Implements New SIM Registration Rules

  The Nigerian Communications Commission (NCC) has implemented the new Subscriber Identification

ECA Says Africa’s Economic Growth to Drop to -4.1% in 2020

  Economic growth in Africa is projected to drop drastically to negative

One Million Consumers to Access Uninterrupted Water Supply in Bauchi – Official

  No fewer than one million consumers will have access to safe

Nigerian stock market indices drop further 0.09%

The Nigerian Stock Exchange (NSE) market indicators on Tuesday dropped further by

Dangote Cement’s “Bag of Goodies Promo Season 2’’ Produces 398 Millionaires

Dangote Cement Plc says it has produced 398 millionaires, spread across different

We must discontinue dependence on crude oil for public revenue, forex – Emefiele

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

African Ministers Pledge Support For Green COVID-19 Recovery

  African environment ministers have pledged to rally behind efforts to accelerate

FIRS generates N4.17trn in revenue in 10 months

The Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, on Friday

Osinbajo Says Nigeria Need $3Trillion To Recover From Infrastructure Debt

Vice President, Yemi Osinbajo has made it clear that it would take

CBN begs court not to unfreeze #EndSARS campaigners bank accounts

The Central Bank of Nigeria (CBN) has prayed the Federal High Court

COVID:19: FG Rolls Out Scheme To Benefit 4,505 Transport Workers in Each State

The Federal Government has inaugurated an intervention grant for micro transport operators

I almost wept for Nigeria after exchanging N500 for $1 – Davido

Nigerian music sensation, Davido says he was moved to tears for Nigeria

IICC Seeks Media Support to Increase Insurance Penetration

  Mr Muftau Oyegunle, Chairman, Governing Council, Insurance Industry Consultative Council (IICC),

Expert Decries High Level Of Trade Malpractices In The Country

A trade expert, Prof. Ken Ife, has decried the high volume of