Business & Economy

Despite the growing debt profiles of many states across the  federation and the fiscal condition of the country itself some state governments are currently applying for another tranche…
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The National Economic Council (NEC) has faulted the claim by Governor Godwin Obaseki of Edo State that the Federal Government printed money to augment allocations to states in March.…
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Governor Nyesom Wike has identified the country's dependence on oil as one of the reasons it's in a financial straits right now. Wike advocated resource control by the federating units…
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The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has assured Nigerians that there would be no increase in the ex-depot price of Premium…
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The Minister of Finance, Budget and National Planning, Ahmad Zainab, has made another disclosure concerning how the fiscal condition of the country was handled last month. Zainab, who…
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Minister of Finance, Budget and National Planning, Zainab Ahmed, has said there is no iota of truth in the claim made by the Edo State Governor, Godwin Obaseki, that the Central Bank of…
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The Central Bank of Nigeria has said that households and businesses affected by the Covid-19 can now apply for loans under its N50bn Targeted Credit Facility. The apex bank noted that…
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Three prominent Nigerian conglomerates-- Dangote Group, Flour Mills and BUA-- are currently locked in a tug of war over production and export of sugar. Chairman of Dangote Group of…
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Minister of Finance, Zainab Ahmed, has said the Federal Government, in line with the deregulation of the oil sector, will leave the prices of petroleum products to be determined by the…
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The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data (USSD) services. The apex bank has announced that from…
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