Buhari to Borrow Another $5.513bn from Foreign Institutions President Muhammadu Buhari has forwarded a new $5.513 billion foreign loan request to the Senate and the House...
CBN Lowers Interest Rate to 12.5% to Stimulate Economy The Central Bank of Nigeria (CBN) led Monetary Policy Committee (MPC) has lowered policy rate by 100...
Siemens to Begin Concessionary Funding of Electricity Deal With Nigeria The Federal Government on Wednesday approved Siemens AG to begin the concessionary funding and support of...
Oil Prices Shed 4% Amid Rising US-China-Hong Kong Tension Oil prices dipped on Wednesday as tension brew between the two world’s largest economies over Hong Kong....
COVID-19: Jigawa, Sokoto States Receive Ambulances From BUA Foundation The Governors of Jigawa and Sokoto States today, received ambulances from the BUA Foundation to boost their...
Edo State to Test Run 55MW Ossiomo Power Plant Edo State government on Monday announced that the CCTEC-Ossiomo Power Plant is ready for a test run...
Nigerian Economy Expands at Slower Pace of 1.87% in Q1, 2020 Nigerian economy grew at a slower pace in the first quarter of the year as...
Nigeria’s Economy Could Contract by 8.9% in 2020 -Finance Minister The Nigerian Minister of Finance, Budget and National Planning on Thursday said Nigerian economy could contract,...
Crude Oil Pulled Back to $34 Per Barrel Amid Growing Uncertainties Brent crude oil pulled back from $36.94 per barrel it traded on Thursday as market...
COVID-19: Lagos State Cuts 2020 Budget by 21 Percent to N920.5bn Lagos State has revised down the 2020 expenditure as COVID-19 bites. According to the state...
