China states three conditions to listen to Nigeria over debt
Nigeria’s debt to China has increased by a staggering 209 percent under the administration of President Muhammadu Buhari, according to data obtained from the Debt Management Office (DMO)….
JUST IN: 40 Days To Go, Buhari’s Administration Approves N1.535trn For Road Projects, States Reason
The Federal Executive Council (FEC) has approved N1.535 trillion for the construction and rehabilitation of eleven roads across the country, under the Nigerian National Petroleum Company Limited (NNPCL)…
Subsidy removal will reduce Nigeria’s rising debt profile: LCCI
The Lagos Chamber of Commerce and Industry (LCCI) says the federal government’s planned petrol subsidy removal remains one of the best economic decisions that will reduce Nigeria’s debts…
Emefiele Applauds IMF’s Support
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has applauded the International Monetary Fund’s (IMF) support for the Central Bank of Nigeria’s monetary policies.Information Guide…
World Bank Releases Report as FG Spends N96 Out of Every N100 of Its Revenue to Repay Debt
World Bank has revealed that Nigeria spends 96.3 percent of government revenue on servicing debt in 2022. The global financial institutions stated this Macro Poverty Outlook for Nigeria:…
IMF growth projection shows we are doing something right – Emefiele
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said that the International Monetary Fund (IMF) growth projection for Nigeria shows that the country and…
Ecobank and 8 Other Nigerian Banks’ Customers’ Deposit Rise by 21.43%
Nine banks listed on the Nigerian Exchange have reported a rise in customers deposit in 2022. LEGIT.NG reports that the banks revealed that unaudited financial records obtained of…
Japanese Govt To Spend $2.9m On Circular Economy In Nigeria
The Japanese Government is to spend a total sum of $2.9 million on the circular economy with Lagos, Abuja, and the federal Ministry of Environment listed as beneficiaries…
Cash Scarcity: Abuja traders lament low patronage
Abuja traders and customers in the Federal Capital Territory (FCT), Abuja, have lamented the low patronage and high prices of goods.Information Guide Nigeria According to PEOPLES GAZETTE, one…
Naira declines by 0.17% at official market
Naira has depreciated by 0.17 per cent yesterday at the official Investors and Exporters (I & E) Window as the Central Bank of Nigeria (CBN) struggles to sustain…