Nigeria’s Non-Manufacturing Sector Contracts in December The Central Bank of Nigeria (CBN) has reported that Nigeria’s non-manufacturing sector which contributed 91 percent to the economy contracted...
Nigeria’s Manufacturing Sector Contracts in December -CBN Manufacturing activities in Africa’s largest economy, Nigeria, contracted in the month of December, according to the latest report from...
Price of Cooking Gas Declined by 20 Percent Amid Naira Devaluation Inability to effectively structure and monitor the supply chain of Liquefied Petroleum Gas, popularly known...
Nigeria Passed N13.5 Trillion Budget for 2021 The Senate passed N13.5 trillion 2021 budget in a special plenary conveyed on Monday to fast track implementation. The...
Federal Government Records N1.3 Trillion Fiscal Deficit in the Third Quarter of 2020 The Federal Government posted N1.29 trillion fiscal deficit in the third quarter of...
Senate Sets Oil Benchmark at $40 Per Barrel and Naira-US Dollar Exchange Rate at N379/US$ The Senate has pegged crude oil at $40 per barrel and...
Buhari Orders Immediate Reopening of Four Land Borders The Federal Government has approved the immediate reopening of four land borders to facilitate commerce with neighbouring countries,...
World Bank Approves $1.5 Billion New Facility for Nigeria The World Bank has approved a $1.5 billion loan request submitted by the Federal Government of Nigeria...
Inflation Hits 14.89 Percent in November Amid Insecurities, High Foreign Exchange Rate Rising cost of goods and services amid insecurities and currency devaluation has pushed headline...
The World Bank has once again called for economic reforms in Africa’s most populous country as COVID-19 and weak economic productivity drag the nation into its...
