Category: Economy

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AMCON Takes Over Abuja Properties Of Doggi Group Over N440m Debt

AMCON Takes Over Abuja Properties Of Doggi Group Over N440m Debt

As part of efforts to recover the over N5tr debt owed the nation by a few, the Asset Management Corporation of Nigeria (AMCON), on Thursday said it h...
At 12.4%, Nigeria’s Inflation Rises For 9th Straight Month In May

At 12.4%, Nigeria’s Inflation Rises For 9th Straight Month In May

The National Bureau of Statistics (NBS), on Wednesday, released Nigeria’s Consumer Price Index (CPI) showing that inflation for the month of May inch...
Power Sector Probe: TCN Management Appears Before Senate Committee

Power Sector Probe: TCN Management Appears Before Senate Committee

The Senate Committee on Power, on Tuesday, began the Stakeholders Investigative Public Hearing on a motion titled "Power Sector Recovery Plan And the...
FMDQ Exchange Seeks Solution To FX Volatility, Hosts Webinar

FMDQ Exchange Seeks Solution To FX Volatility, Hosts Webinar

The Coronavirus pandemic (COVID-19) impacting governments, communities, and families, just as the global economy, bringing about unprecedented market...
Senate Begins Probe Of 2013 Power Sector Privatisation, N1.8tr FG Grant

Senate Begins Probe Of 2013 Power Sector Privatisation, N1.8tr FG Grant

President of the Senate, Ahmad Lawan on Monday charged the Senate Committee on Power to look at what has happened to the agreement signed in 2013 on ...
Opinion: How Banking Supervisors Should Respond Amidst COVID-19

Opinion: How Banking Supervisors Should Respond Amidst COVID-19

By Tobias Adrian and Ceyla Pazarbasioglu The massive macro-financial shock caused by the pandemic continues to ravage the global economy and has p...
Senate Passes N10.8tr Revised 2020 Budget

Senate Passes N10.8tr Revised 2020 Budget

The Nigerian Senate, on Thursday, passed the Appropriation Act (Amendment) Bill, approving a budget of N10.805tr for the 2020 fiscal year, after cons...
Nigeria’s GDP Among Worst Hit, As Global Economy Falls 5.2%- W’Bank Report

Nigeria’s GDP Among Worst Hit, As Global Economy Falls 5.2%- W’Bank Report

As COVID-19 May Push 100m Into Poverty The World Bank Group, on Thursday, released the June 2020 edition of its Global Economic Prospects, reviewi...
Reps Hike Nigeria’s Amended 2020 Budget By N300bn

Reps Hike Nigeria’s Amended 2020 Budget By N300bn

Nigeria’s House of Representatives on Wednesday Raised the country’s revised 2020 budget President Muhammadu Buhari submitted late last month by N300...
Senate Receives Details Of FG’s N186bn Spending Plan

Senate Receives Details Of FG’s N186bn Spending Plan

To Consider Revised 2020 Budget Thursday The Senate will on Thursday, June 11, 2020, consider the revised 2020 budget, according to a statement by...
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