House Approves 2024-2026 MTEF, Pegs Oil Price at $73.96, Exchange Rate at N700
The House of Representatives has given its approval to the 2024-2026 Medium-term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP),...
FG Reports Revenue Surge from NGN650 Million to Over NGN1 Trillion Monthly After Fuel Subsidy Removal
The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has revealed that the Federation Account has...
CBN postpones MPC again as inflation soars
The Central Bank of Nigeria (CBN) has once again postponed the meeting of its monetary policy committee (MPC) despite the...
Telecom Operators Firm on N200 Billion USSD Debt, Warn Banks Against Illusions of Forgiveness
Mobile network operators (MNOs) have firmly communicated that deposit money banks (DMBs) should abandon any hopes of having their debt...
FG Blames Forex Scarcity on low export earnings, Plans Further Economic Diversification
In response to the persistent foreign exchange scarcity in the Country, the Federal Government has attributed the issue to the...
CBN Asserts Positive Impact of Monetary Reforms on Economy
In response to the recently released October inflation rate, the Central Bank of Nigeria (CBN) has announced that its monetary...
Nigeria’s Inflation Hits 27.33% in October, Prompting Urgent Calls for Economic Reforms
The Lagos State Chamber of Commerce and Industry (LCCI) has stressed the need for the Federal government to address challenges...
SEC Reports Surge in Collective Investment Funds to N2.1 Trillion
The Securities and Exchange Commission (SEC) disclosed that the amount of funds in Collective Investment Schemes (CIS) has reached N2.1...
Manufacturers Association of Nigeria Urges CBN to Reconsider Price Verification Portal
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to reconsider its recently introduced...
FG Faces Potential N183 Billion Loss from 25 Unsuccessful Concessions
The Federal Government is at risk of losing investments totaling N183.3 billion as a result of failed contractual agreements involving...
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