Regardless of the economy going into recession, the Federal Authorities on Monday stated that the economy did better than many global economies. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed gave the...
In spite of the most recent figures of the Nigeria Bureau of Statistics (NBS) indicating negative development, Senate President Ahmed Lawan, has said Nigeria's economy was not doing severely. The senate president uncovered this...
The Central Bank of Nigeria (CBN) has released guidelines for the implementation of the proposed N75 billion Nigeria Youth Investment Fund (NYIF). CBN, in an announcement by its Development Finance Department, said that the fund was a built-in strategy to effectively respond to the problem of youth employment in Nigeria. The...
President Muhammadu Buhari on Friday put a telephone name to his Turkish counterpart, Tecep Tayyep Erdoğan. The President expressed pleasure with present bilateral ties between the two nations and referred to as for upper...
The Federal Government is to spend an mixture sum of N3.85 trillion on capital projects within the 2021 price range which represents N1.15 trillion larger than the 2020 provision of N2.69 trillion. At 29 % of aggregate expenditure, the Minister of Finance, Finances and National Planning, Mrs. Zainab Ahmed, mentioned the federal government was now near its coverage goal of 30 % capital vote.
Naira declined to N445 to the US dollar on the black market on Monday, the exact day Bureaux De Change (BDCs) continued operation following deals of foreign exchange worth $50 million to them by the Central Bank...
Former Minister of Education, Dr. Oby Ezekwesili, has accused the administration of President Muhammadu Buhari of killing the naira with poor economic policies since he assumed office in May 2015. Ezekwesili spoke on ARISE...
Nigeria’s public debt portfolio might reach N34 trillion, round 23 per cent of its gross domestic product, by yr finish as Africa’s largest financial system continues to rack up money owed and prepares to take a consolidated...
The breakdown in unrefined petroleum costs, combined with the COVID-19 pandemic, is required to "dive the Nigerian economy into a serious downturn, the most noticeably terrible since the 1980s", the World Bank said on Thursday.
The Federal Government will service the nation’s debt with ₦3.124 trillion in 2021. According to the Budget Call Circular released by the Budget Office of the Federation (BOF) Nigeria’s debt servicing obligations in 2021...

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