Economy

Economic downturn: Obaseki tasks FG on fiscal responsibility

Governor of Edo State, Godwin Obaseki, has advised the Minister of Finance, Budget and National Planning, Zainab Ahmed to rally…

5 years ago

FG refutes Obaseki’s printing of N60bn to support March allocation claim

The Federal Government has denied it printed N60bn to augment March allocation to States as alleged by Edo Governor Godwin…

5 years ago

ITF multibillion-naira building would boost economy- Minister for Industry

The Minister of Industry, Trade and Investment, Niyi Adebayo, said the new multi-billion naira edifice of the Industrial Training Fund…

5 years ago

Ogun govt uncovers N50bn hidden debt

Governor Dapo Abiodun of Ogun State has disclosed that his administration has discovered an alleged hidden additional N50billion domestic debt…

5 years ago

World Bank reviews Africa’s growth upward

The World Bank has reviewed its economic growth projection for Sub-Saharan Africa (SSA) upward from -5.1 per cent to 3.4…

5 years ago

We saved over 2 million jobs through COVID-19 intervention programmes- Nigerian govt

It has succeeded in saving 2.1 million jobs including new ones created with the about N288 billion released out of…

5 years ago

CBN urges Nigerians to report banks hoarding forex, retains rates

As part of measures to address the illiquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has…

5 years ago

COVID-19: UNCTAD projects global economy to lose $10trn in 2021

The United Nations Conference on Trade and Development (UNCTAD) has estimated that the global economy would shed $10 trillion due…

5 years ago

Central Bank injects $5.62 billion into Nigerian forex market in Q4 2020

The Central Bank of Nigeria (CBN) sold $5.62 billion to dealers as part of its intervention in the country’s foreign…

5 years ago

NECA expresses concern over accelerating inflation

The Nigeria Employers’ Consultative Association (NECA) yesterday in Lagos said the country’s increasing rate of inflation over the past months…

5 years ago

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