Category: Economy

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UKDIT Showcases Major Investors In London To 100 Nigerian Businesses

UKDIT Showcases Major Investors In London To 100 Nigerian Businesses

Ahead of the UK-Africa Investment Summit on January 20, 2020, in London, the UK’s Department for International Trade recently hosted over 100 Nigerian...
Devt Agenda Must Prioritise Jobs, Growth, Gender, For Africa’s Stability- Elumelu

Devt Agenda Must Prioritise Jobs, Growth, Gender, For Africa’s Stability- Elumelu

Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa Plc, Tony Elumelu, has challenged African leaders to prioritise yout...
FG Records N378.98bn Deficit In Oct, As Federally-Collected Revenue Down 28%

FG Records N378.98bn Deficit In Oct, As Federally-Collected Revenue Down 28%

Latest data by the Central Bank of Nigeria (CBN) showed that the fiscal operations of the Federal Government for the month of October suffered an esti...
Nigeria’s Senate Seeks Break-Up Of DISCOs Into Smaller Players For Efficiency

Nigeria’s Senate Seeks Break-Up Of DISCOs Into Smaller Players For Efficiency

•Targets 100,000mw Installed Capacity •Committee Begins Probe Of Power Supply Hiccups Worried by the seeming collapse of the nation’s electricity va...
N1bn Debt: AMCON Impounds Lagos, Abuja Properties Of Seriki, Former Minister

N1bn Debt: AMCON Impounds Lagos, Abuja Properties Of Seriki, Former Minister

In line with a firm resolve to recover the outstanding N5.4tr debt before its sunset, the Asset Management Corporation of Nigeria (AMCON), on Monday m...
Consumers May Frontload Festive Purchases On Border Concerns

Consumers May Frontload Festive Purchases On Border Concerns

Inflation accelerates at fastest pace in 36 months By CardinalStone Research, According to the National Bureau of Statistics (NBS), headline infla...
Food Inflation Bloats Nigeria’s Sept CPI To 11.61%

Food Inflation Bloats Nigeria’s Sept CPI To 11.61%

The general prices of goods and services in Nigeria, as measured by the consumer price index (CPI) soared by 11.61% in the month of October, the highe...
Nigeria Suffers Heavy Setback As Thieves Attack Oil-exporting Nembe Creek Pipeline

Nigeria Suffers Heavy Setback As Thieves Attack Oil-exporting Nembe Creek Pipeline

Hopes that Nigeria could raise its crude oil production capacity at least 2.5m barrels per day (bpd) by the middle of next year suffered a major setba...

CBN Injects $341.75m, CNY14.7m In Retail SMIS Forex Intervention

The Central Bank of Nigeria (CBN), has intervened in the Retail Secondary Market Intervention Sales (SMIS), to the tune of $341.75 million in addition...
Outstanding N5.4tr Debt: How We’re Preparing For AMCON’s Sunset- MD

Outstanding N5.4tr Debt: How We’re Preparing For AMCON’s Sunset- MD

•Reps Pledge Support For Debt Recovery Efforts Chief Executive of the Asset Management Corporation of Nigeria (AMCON), Ahmed Lawan Kuru, has once ag...
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