The Airline Operators of Nigeria has announced the shutdown of its operations from Monday due to the steady increase in the cost of aviation fuel. The...
The International Monetary Fund (IMF) has warned Nigeria and other Sub Saharan countries against hunger-related social unrests as a direct consequence of Russia’s invasion of Ukraine,...
The Naira exchanged at N418.50 to the dollar at the Investors and Exporters window on Thursday, a -0.20 per cent appreciation, compared to 419.33 to the...
The Federation Accounts Allocation Committee (FAAC), has settled for a sharing formula of N725.571 billion among the three tiers of government, for the month of March...
Telecommunication companies have lost about N75.78bn as subscribers struggle to link their National Identification Number to the Subscriber Identity Module, about 22 days after the Federal...
Senior Special Assistant to the President on Agriculture, Dr. Andrew Kwasari has said Nigeria loses about $14 billion annually to the incessant conflicts between farmers and...
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...