NESG, CBN in ugly faceoff as 3 Bank Chiefs quit… By EMEKA EJERE The frosty relationship between the Nigeria Economic Summit Group (NESG) and the Central...

Nigeria’s Revenue revenue to improve in H2, 2020 – NEITI

The Nigeria Extractive Industries Transparency Initiatives (NEITI) has projected that government revenue may pick up in the second half of 2020. NEITI which stated this in...

DMO details Nigeria’so debt to China, World Bank, AfDB, Germany, others

The Debt Management Office (DMO) has detailed Nigeria’s debts to various countries and multinational institutions in a newly released report. According to the report, Nigeria’s highest...

Inflation rate set for 14.15% rise amid increasing deficit financing

OBINNA EZUGWU The Central Bank of Nigeria (CBN), has projected that the country’s inflation rate, which stood at 12.82 per cent in July, may rise up...

Nobody listens when oil price is good – Atedo Peterside

Atedo Peterside, founder of Anap Foundation, has said the only time those in government listen to advice on the economy is when oil price is low....

NESG, CBN in ugly faceoff as 3 Bank Chiefs quit…

BY EMEKA EJERE The frosty relationship between the Nigeria Economic Summit Group (NESG) and the Central Bank of Nigeria (CBN), over stance on the latter’s economic...

FG to give 433,000 Nigerians, businesses N50,000, N30,00 each

The federal government has said 100,000 Micro Small and Medium and Medium Enterprises (MSMEs) will get N50,000 each. Tola Johnson, Special Assistant to President Muhammadu Buhari...

Again, Buhari directs CBN to stop forex for fertiliser, food items

Nigeria’s president, Muhammadu Buhari has again directed the Central Bank of Nigeria (CBN) not to provide forex for the importation of food items or fertilizer. The...

Nigeria to cede majority stakes in its 4 refineries to be private entities

OBINNA EZUGWU Nigeria’s Federal Government has said it is in talks with some investors to give up majority stakes in its four refineries. Group Managing Director...