Deficit spending by the Federal Government (FG) rose by 23.7 per cent, YoY, to N7.3 trillion in 2021 from N5.9 trillion recorded in 2020. The Central...
The two big problems facing global growth are debt and inflation, the World Bank said on Monday. The President, David Malpass made the remark at Spring...
The World Bank says increasing fuel subsidy puts the Nigerian economy at a high risk as subsidy payments could significantly impact public finance and pose debt...
Nigeria’s Consumer Price Index rose to 15.92 per cent in March, latest figures from the National Bureau of Statistics show, The PUNCH reports. This new rate...
The International Monetary Fund (IMF) Blog has alerted that fintech products such as digital banks are more exposed to risks than their traditional counterparts. A new...
The economy recorded slow growth in February, according to the Central Bank of Nigeria’s report. The CBN’s Monetary Policy Committee report showed that in February, the...
Clearing agents operating in the nation’s maritime sector may withdraw their services following the reintroduction of a 15 per cent National Automotive Council levy on imported...
Currency in circulation fell by N42.43bn between January and March, figures obtained from the Central Bank of Nigeria have revealed. The CBN revealed in its data...
The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in...
The Association of Business Owners at the Ondo State Trade Fair Complex has moved against the planned demolition of the complex by the state government. According...