Economy

Nigeria achieves 94% implementation of 2021 budget

The Nigerian government has disclosed it has executed 94 per cent of the 2021 budget in the areas of infrastructure…

4 years ago

Nigeria seeks additional funding for infrastructure in North East

The Federal Government of Nigeria launched a Multi-Sector Crisis Recovery Project (MCRP), under the Northeast Development Commission (NEDC), seeking additional…

4 years ago

Nigerian lawmakers express concern over revenue loss

The House of Representatives’ Public Accounts Committee has summoned the heads of the Bureau for Public Enterprises, Nigeria Oil and…

4 years ago

IMF tasks CBN on eNaira risks

The potential expansion of the use of the eNaira to cross-border fund transfers and agency bank networks could lead to…

4 years ago

Nigeria’s economy grew by 3.98% in Q4 2021

Nigeria's Gross Domestic Product (GDP), which measures the total productivity in a country within a specific period, grew by 3.98%…

4 years ago

Global development finance coalition boosts African MSMEs with over $5.5bn

The Coalition for a Sustainable and Inclusive Private Sector Recovery, an international group of 20 development finance institutions that met…

4 years ago

SMEDAN adopts agric-value chain to develop economy

The Small and Medium Development Agency (SMEDAN) of Nigeria has adopted the “One Local Government, One Product” (OLOP) programme on…

4 years ago

CBN auctions N687.8bn TBs in six weeks

Following improved system liquidity supporting demand, the Central Bank of Nigeria (CBN) within the first six weeks of 2022, sold…

4 years ago

Nigeria to earn $200bn FX repatriation non-oil exports

The Central Bank of Nigeria (CBN) has announced policies, plans and programs for non–oil exports that will enable Nigeria to…

4 years ago

IMF reiterates call for Nigeria’s economic reforms

The International Monetary Fund (IMF) has further stressed the need for the Nigerian government to carry out economic reforms to…

4 years ago

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