The Nigerian Economic Summit Group (NESG) and Stanbic IBTC Bank have released their Business Confidence Monitor (BCM) report, projecting a gradual decline in Nigeria’s inflation rate to 27.1% by December…
In a significant step towards advancing its developmental agenda, Lagos State Governor Babajide Sanwo-Olu on Thursday, January 9th, signed the state’s 2025 Appropriation Bill, valued at N3.36 trillion, into law.…
Nigeria’s external debt servicing costs surged by 38 percent in the first nine months of 2024, reaching a staggering $3.53 billion, according to data released by the Central Bank of…
Nigeria’s foreign exchange (FX) reserves have recorded a substantial increase in the month following the government’s successful $2.2 billion Eurobond auction on December 2, 2024. According to data released by…
President Bola Ahmed Tinubu has issued a direct order to Ibrahim Abubakar Kana, the newly appointed Permanent Secretary of the Federal Ministry of Aviation and Aerospace Development, to prioritize the…
The Central Bank of Nigeria (CBN) has announced a substantial increase in the country’s non-oil export earnings, signaling a positive trend in Nigeria’s economic diversification efforts. According to the CBN’s…
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has intensified its call for a N100 billion intervention fund from the Federal Government to stabilize the petroleum products market…
In a bid to enhance its tourism appeal and showcase its rich cultural heritage, the Lagos State Government has introduced a series of monthly landmark tours. These tours, designed to…
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has vehemently denied allegations by some northern leaders that the committee failed to consult with state…
The 11 electricity distribution companies (DisCos) operating in Nigeria paid a total of N137.06 billion to the Transmission Company of Nigeria (TCN) in the first nine months of 2024 for…