Economy

Fitch: Nigeria’s outlook reversed from negative to stable

Fitch Ratings has revised the outlook on Nigeria’s long-term foreign-currency Issuer Default Rating (IDR) to stable from negative. The international…

6 years ago

Rice production increased by 1.2 million metric tones – FG reveals

The Federal Government has revealed that its interventions in the rice value chain led to an increase in rice production…

6 years ago

Forex for petrol subsidy gulped N2.13tn in four years — NNPC

The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari, has said that the government spent N2.13tn…

6 years ago

Non-passage of PIB stalling growth in oil sector Sector – Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Malam Mele Kyari has said the non-passage of the…

6 years ago

Sanusi calls for diversification of Nigeria’s economy

Former Emir of Kano, Muhammadu Sanusi II, has called on Nigeria to diversify its economy in order to address the…

6 years ago

AfCFTA has to be backed with adequate policies – Lawan

President of the Senate, Ahmad Lawan, has stated that for the African Continental Free Trade Agreement (AfCFTA) to yield the…

6 years ago

SEC: Digital assets regulation meant to protect investors

The Securities and Exchange Commission (SEC) says its recent activity on the classification and treatment of digital assets is aimed…

6 years ago

CBN-MPC reduces MPR to 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the nation’s Monetary Policy Rate (MPR)…

6 years ago

Nigeria spent N8.9t on fuel subsidy in 10 years – PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) has revealed that the Federal Government has spent a total of N8.94 trillion…

6 years ago

9,866 employees in banking industry lost jobs in 1 year – NBS

The number of employees in the Nigerian Banking Industry reduced by 9,866 in the last one year. This was revealed…

6 years ago

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