Nigeria’s oil revenue rises by 168% above budget target
Oil revenue generated by the Federal Government as of July this year was 168 percent higher than the target in
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Economics
COVID-19’ll push 40 million Nigerians, others into extreme poverty – World Bank
The number of people in extreme poverty in Nigeria and other sub-Saharan African countries will swell by 40 million as
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COVID-19: 150 million risk extreme poverty, says World Bank
The COVID-19 pandemic is estimated to push an additional 88 million to 115 million people into extreme poverty this year,
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Exports: Shippers, airlines defy CBN’s directives, face sanctions
The Central Bank of Nigeria said on Tuesday that its directives on exports of goods from the country had not
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‘We’re deeply concerned’: LCCI says Nigeria’s debt fast becoming unsustainable
The Lagos Chamber of Commerce and Industry has expressed concern over Nigeria’s rising debt stock, saying it is fast becoming
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Nigerians facing ‘grave life-threatening problems’ – VP Osinbajo
The Vice-President of Nigeria, Prof. Yemi Osinbajo, said on Tuesday that the nation’s authorities need to work together to address
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Nigerian central bank cuts interest rate to 11.5%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate, also known as
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Nigeria’s GDP growth turns negative after three-year slow recovery
After 13 consecutive quarters of positive growth, Nigeria’s economy shrank in the second quarter of this year as the Gross
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Nigeria’s forex scarcity, huge blow to investor confidence – Rewane’s FDC
The Financial Derivatives Company Limited has said the scarcity of foreign exchange in Nigeria is a huge blow to investor
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Nigeria’s economy faces worst recession in 40 years, says World Bank
The collapse in oil prices, coupled with the COVID-19 pandemic, is expected to plunge the Nigerian economy into a severe
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