Nigeria‘s external reserves dropped to $33.28 billion as of September 2023, from $37.1 billion recorded in December 2022, it has...
Naira devaluation, FX scarcity and high exchange rates are causing a lull in business activities at the nation’s seaport generally,...
The Federal Government of Nigeria’s interest payment on Ways and Means debt to the Central Bank of Nigeria (CBN) in...
The African Export-Import Bank (Afreximbank) and the Export-Import Bank of China (CEXIM) signed a US$600 million loan to fund loans...
The federal government of Nigeria on Thursday signed a financial agreement with the European Union on development projects worth over...
Nigeria is among the nine countries expected to see its hunger levels worsening throughout the year, according to the latest...
A growing numbers of Nigerians are turning to sport betting and loans to plug the gap between their incomes and...
The House of Representatives has directed the Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Mohammed Bello, to...
Foreign suppliers’ rejection of letters of credit (LCs) amid unsettled foreign exchange obligations has worsened the economic woes facing manufacturers...
Experts are at a loss as to how Nigeria will generate enough revenue to fund its proposed N26.01 trillion budget...
Senator Smart Adeyemi, representing Kogi West in the National Assembly, has said that President Bola Tinubu will throw out any...
The total Internally Generated Revenue, IGR of the thirty-six states of the federation grew by 12.98 percent to N1.82 trillion...
Nigeria’s Minister of Women Affairs, Uju Kennedy-Ohanenye, has recently been in the eye of the storm. Her remarks and reactions...
Naira on Wednesday fell to an average rate of N1,084 per dollar, the lowest ever rate at the parallel market,...
Worried about the incessant rejection of Nigerian foods exported abroad, the National Agency for Food and Drug Administration and Control...