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Business & Economy
Nigeria, Turkey sign eight major agreements on energy, defense, others
Nigeria and Turkey have signed eight major Agreements and Memorandum of Understandings (MoUs) on a number of the key sectors, including Energy, Defense Industry, Mining and…
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Buy $2b bitcoin to end starvation, US billionaire, Michael Saylor, tells Buhari
Microstrategy founder, Michael Saylor, says Nigerian government needs to adopt bitcoin and invest billions of dollars if President Buhari-led admininstration wants to end starvation…
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We need 350tn for capital projects execution – FG
The Federal Government says the country needs at least N350trillion for the execution of capital projects in the next five years.
Minister of State for Finance, Budget, and National…
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We borrowed our way out of two recessions, says finance minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed has defended the incessant borrowings by the Federal Government, noting that it was the only way to lift the country…
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FG approves 2022 budget proposal of N16.39tn
THE Federal Executive Council (FEC) has approved the 2022 budget proposal of N16.39 trillion.
President Muhammadu Buhari will present the 2022 budget to the joint session of the…
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World Bank approves $400m credit for Nigeria
THE World Bank has approved a $400million credit to Nigeria, a statement yesterday announced.
The additional financing from the International Development Association (IDA) will cover…
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Court approves CBN’s launch of eNaira
JUSTICE Taiwo Taiwo of the Federal High Court, Abuja, on Thursday, gave the Central Bank of Nigeria (CBN) the approval to use the eNaira for its digital currency.
A firm, ENaira…
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CBN postpones launch of eNaira
THE Central Bank of Nigeria (CBN) has postponed the launch of its digital currency, eNaira.
The CBN’s Director of Corporate Communications, Osita Nwanisobi, disclosed this in a!-->!-->!-->…
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Nigeria needs $100bn annually to fix infrastructure – Emefiele
THE Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the Federal Government needed about $100 billion annually to address the nation’s infrastructure deficit.
He…
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Our economy on the brink of collapse – Sanusi
A FORMER Emir of Kano, Sanusi Lamido Sanusi, lamented says that the country's economy is on the verge of total collapse.
Sanusi, who stated this at the ongoing Kaduna Investment…
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