Foreign reserves decline has little or nothing to do with defending naira, says Cardoso
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the…
Investors are active players in corruption in Nigeria, says Akabueze
Ben Akabueze, director-general of the budget office of the federation, says investors…
FG now spends N600bn monthly on petrol subsidy, Rainoil CEO claims
Gabriel Ogbechie, chief executive officer (CEO) of Rainoil Limited, claims the federal…
We’re on the verge of approving ExxonMobil-Seplat deal, says FG
The federal government says it is on the verge of approving the…
Lagos drops from 4th to 5th among wealthiest cities in Africa
Lagos, the most populous city in Africa, has been ranked 5th among…
National single window will help Nigeria achieve 7% GDP growth annually, says FIRS
Zacch Adedeji, chairman of the Federal Inland Revenue Service (FIRS), says the…
High inflation rate, FX volatility caused N106bn loss in 2023 – NB Plc
The Nigerian Breweries says soaring inflation rates and foreign exchange (FX) volatility…
Debt sustainability Nigeria’s most significant challenge, investments need – Says Akabueze at IMF/World Bank meetings
The Nigerian government says debt sustainability is the most significant challenge it…
$20bn Dangote Refinery slashes diesel price to N1,000 per litre
The $20 billion Dangote Petroleum Refinery has slashed the price of diesel…
Despite persistent increases, IMF projects decline in Nigeria’s inflation to 26%
The International Monetary Fund (IMF) expects Nigeria’s inflationary pressure to ease to…