Nigerian economy

Having resolved to boost the economy and reduce foreign trade deficits that the nation records annually, the Federal Government has launched an aggressive campaign for the patronage and use…

The Accountant General of the Federation, Ahmed Idris has charged public officers and critical stakeholders in the country's economy on the development of strategies and practices that could…

Eight in 10 Nigerian manufacturers do not plan to hire more employees in the nearest future, the result of FBNQuest’s Purchasing Managers’ Index (PMI) survey has shown. This means there…

The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government, N739.965 billion as federation allocation for September. According to a statement from…

China's power shortages hit growth in the world's second-biggest economy, threatening more pain for global supply chains and Nigerians would feel the heat this festive season. Last week,…

The average cost of cooking a pot of Jollof rice for a family of five has increased to N8,000.50 from N7,618 within the last three months according to the latest SBM Intelligence Jollof…

President Muhammadu Buhari has called for synergy between the fiscal and monetary authorities in the country to keep the struggling economy on the trajectory of growth. Buhari was…

The Senate on Tuesday began a debate on the 2022 appropriation bill. This followed the presentation of the lead debate on the general principles of the bill by the Senate Leader, Yahaya…

Rationalisation of generous concessions, expenditure, implementation of other tax reforms, and increasing tax base can help cash-strapped Nigeria raise as much as N10 trillion, according to…

The World Bank has projected a 2.4 percent economic growth for Nigeria in 2021, up from 1.8 percent recorded in 2020. The rebound, according to the Bank’s twice-yearly economic update…