Economy

Reps approve Buhari’s $5.8bn loan request

The House of Representatives has approved President Muhammadu Buhari’s loan request of $5.8 billion and grant of $10 million. The…

4 years ago

CBN offers quick loan of N5bn to any investor, releases guidelines

The Central Bank of Nigeria, CBN, published on Tuesday the guidelines for its “Production and Productivity” initiative, through the project…

4 years ago

NG-CARE will help Nigerian states earn $20m in 2 years, says World Bank

The World Bank has said that the Nigerian COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme will enable each state…

4 years ago

Buhari transmits Finance Bill 2021 to Senate

President Mohammed Buhari has forwarded the Finance Bill 2021 to the Senate for consideration and passage to enable the government…

4 years ago

Nigeria records N3b negative trade balance in Q3 2021

Nigeria recorded a negative trade balance of N3b in the third quarter of 2021 to the rise in the country's…

4 years ago

Nigeria’s foreign reserve depletes by $633 million in November

Nigeria’s foreign reserve dipped $633.47 million in the month of November 2021 to close the month at $41.19 billion as…

4 years ago

World Bank urges Nigeria to impose special tax on alcohol, cigarettes

The World Bank Group has urged the Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to…

4 years ago

NEC approves Finance Bill 2022

The National Economic Council (NEC) chaired by Vice President Yemi Osinabjo, approved a memorandum on the 2022 finance bill. The…

4 years ago

ICPC uncovers 257 duplicated projects in 2021 budget

The Independent Commission on Corrupt Practices and Other Related Crimes, ICPC, has disclosed that 257 projects worth N20.138 billion were…

4 years ago

Lagos State Governor presents N1.39trn budget estimate for 2022

Lagos State Governor, Mr Babajide Sanwo-Olu has presented a budget estimate of N1,388,285,459,990.51 to members of the Lagos State House…

4 years ago

This website uses cookies.