EIU Raises Nigeria’s 2024 Economic Growth Forecast to 2.5% on Rising Oil Output
The Economist Intelligence Unit (EIU) at the weekend revised Nigeria’s 2024 economic growth forecast figures from 2.2 per cent to…
Category: Finance
Nwoko: FG Should Announce Naira as Only Legal Tender in Nigeria
The Naira, the nation’s currency, has continued to depreciate with new records daily since the administration of Bola Tinubu decided…
Binance to Discontinue Operations in Nigeria March 8
Binance, a leading cryptocurrency exchange, has announced its decision to cease operations in Nigeria due to regulatory challenges with the…
FG Opens Talks with AfDB for Funding of Multi-trillion Naira Coastal, Trans-Sahara Highways
The federal government has opened talks with the African Development Bank (AfDB) for possible funding of the construction of some…
In Unprecedented Offensive to Tame Inflation, CBN Raises MPR to 22.75% from 18.75%
In one of its most audacious responses to the ravaging inflation in the country, the Central Bank of Nigeria (CBN)…
Cardoso: With $1.8bn Inflow Last Week, Nigeria’s Economy Has Positive Outlook
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, yesterday, said despite the apparent gloomy picture of the country’s…
Nigeria Ready to Host African Central Bank by 2028, Declares Tinubu
Victoria Mgbanwa During the 37th Ordinary Session of the Assembly of Heads of State and Government of the African Union…
Minister Announces Bold Initiative to Empower 10 Million Hard-Working Nigerians
Victoria Mgbanwa In a bid to address the country’s unemployment crisis, the Federal Government has announced plans to establish national…
FG laments high cost of cement, call for meeting with Manufacturers
Victoria Mgbanwa The Minister of Works David Umahi has raided concern that despite huge patronage by road and housing contractors…
Tinubu Asks Senate to Confirm Five Nominees as CBN Board Directors
President Bola Tinubu has asked the Senate to confirm the appointment of five nominees into the board of the Central…