Category: Economy

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Buhari ‘Unduly Exaggerated’ Extent Of 2018 Budget Cuts, Says NASS

Buhari ‘Unduly Exaggerated’ Extent Of 2018 Budget Cuts, Says NASS

Nigeria’s federal legislators on Friday responded to jabs by President Muhammadu Buhari while assenting the 2018 budget two days earlier, accusing the...
2018 Budget Imposes High Debt Burden On Future Of Nigerian Youth- Moghalu

2018 Budget Imposes High Debt Burden On Future Of Nigerian Youth- Moghalu

Professor Kingsley Moghalu, a presidential aspirant of the Young Progressive Party (YPP) for the 2019 general elections, on Thursday said the 2018 bud...
CBN Lifts Forex Market By $210m

CBN Lifts Forex Market By $210m

The Central Bank of Nigeria (CBN), on Wednesday said it made available the sum of $210m, to meet customers’ requests in various segments of the foreig...
Buhari Signs Nigeria’s Longest Delayed Budget, Says Implementation Difficult

Buhari Signs Nigeria’s Longest Delayed Budget, Says Implementation Difficult

Nigeria’s President Muhammadu Buhari, on Wednesday finally assented to what has been described as one Appropriation Bill that took the longest time in...
FG Released 29.5% More CapEx To MDAs In 2017, Says Adeosun

FG Released 29.5% More CapEx To MDAs In 2017, Says Adeosun

Ahead of Wednesday’s anticipated assent of the 2018 Appropriation Bill by President Muhammadu Buhari, the Federal Ministry of Finance, on Tuesday said...
FG Decries Proliferation Of Fake Tax Clearance Certificates By Contractors

FG Decries Proliferation Of Fake Tax Clearance Certificates By Contractors

The Federal Government, on Tuesday decried the increasing incidences of fake Tax Clearance Certificates (TCCs), especially those purportedly issued be...
SEC, Gwarzo And The Necessity For Strong National Institutions

SEC, Gwarzo And The Necessity For Strong National Institutions

OPINION If there is one lesson Nigeria as a nation must quickly learn from the developments at Nigeria’s Securities & Exchange Commission (SEC)...
Agric, Aviation, Oil Sectors Get $343.06m CBN Intervention

Agric, Aviation, Oil Sectors Get $343.06m CBN Intervention

The Central Bank of Nigeria (CBN), on Thursday said $343.06m forex was sold as retail Secondary Market Intervention Sales (SMIS) to operators in the a...
FBNQuest Forecasts 10.8% Inflation In June, Seeks MPR Cut

FBNQuest Forecasts 10.8% Inflation In June, Seeks MPR Cut

FBNQuest, the wealth management and investment banking arm of FBN Holdings, on Thursday forecast that inflation rate in Nigeria would continue its slo...
Nigeria’s Inflation Rate Slows Down To 11.61% In May

Nigeria’s Inflation Rate Slows Down To 11.61% In May

New data by the National Bureau of Statistics (NBS) on Wednesday showed that on the average, prices of goods and services in Nigeria (measured by the ...
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