Economy

Nigerian govt supports 1.1m businesses through MSMEs Survival Fund

Nigerian President, Muhammadu Buhari has stated that the introduction of the Micro Small and Medium (MSMEs) Enterprises Survival Fund, launched…

5 years ago

President Buhari calls for investment in humanity

President Muhammadu Buhari has urged the public and private sectors to invest for a long-term prosperous future with short term…

5 years ago

CBN introduces N500m eNaira

The Central Bank of Nigeria (CBN) has launched its Digital Currency (CBDC) eNaira with over N500m of the currency minted.…

5 years ago

Nigerians’ household consumption spending up 13.7% to N54trn in six months

Spending by Nigerian residents rose to N54.84 trillion in nominal terms in the first half of 2021, higher than N48.22…

5 years ago

Nigerian govt disburses N38bn loans to SMEs in four years, says Osinbajo

The Federal Government of Nigeria has disbursed no fewer than N38 billion in loans to support Small and Medium Scale…

5 years ago

World Bank forecasts high oil prices until 2023

The World Bank has noted that the surge in oil prices may persist until 2023 and this could have an…

5 years ago

CBN denies Nigerians without smartphones access to e-Naira

Nigerians who do not have smartphones will not be able to use the eNaira, the new digital currency, the Central…

5 years ago

UK, Nigeria hold sixth Ministerial Meeting for Economic Development

The UK Prime Minister’s Trade Envoy to Nigeria, Helen Grant and Nigeria’s Minister of Industry Trade and Investment, Mr Adeniyi…

5 years ago

Nigeria’s inflation rate decelerates sixth consecutives months to 16.6% in Sept

Nigeria's inflation rates slowed down for the sixth consecutive months by 0.38% year-on-year to 16.6% in September 2021, the National…

5 years ago

Nigeria holds roadshow for Eurobond Issuance

Nigeria has commenced a roadshow in New York in furtherance of Eurobond issue. The Eurobond seeks to raise about three…

5 years ago

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