Economy

A win for former United States (U.S.) Vice President Democratic Party presidential candidate Joe Biden will attract $700 billion investments to Nigeria and other emerging markets,…
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The Federal Government of Nigeria says Nigeria’s public debt stock is projected to rise to N38.68 trillion by December 31, 2021. The Minister of Finance, Budget and…
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Staff of Transcorp Hilton Abuja have commenced an indefinite strike over sack of their colleagues. It was gathered that more than 40 percent of the workforce were retrenched.…
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A bank customer Wednesday denied taking a N19 million loan, insisting that he only took N5 million loan. A customer with Fidelity Bank Plc, Kachia Road, Kaduna, Mr. Benneth…
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President Muhammadu Buhari has warned that Nigeria’s economy is too fragile for fresh coronavirus (COVID-19) lockdown. AFNews reports that the president stated this in a post on…
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Access Bank has announced N50 billion in support of Nigerians through interest-free loans and grants to support communities, the youths as well as micro, small and medium-sized…
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The Nigerian National Petroleum Corporation (NNPC) has recorded a 99.7 per cent reduction in its loss profile from N803billion in 2018 to N1.7billion in 2019, according to its 2019…
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The consumer price index (CPI) which measures inflation increased by 13.71 percent (year-on-year) in September 2020. The National Bureau of Statistics (NBS) disclosed this on…
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The Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has stated that only nine states in the country could be classified as fairly prosperous. These states,…
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The naira on Monday fell by 1.09 per cent to N460 on the parallel market. The naira decline followed President Muhammadu‘s directive to the Central Bank of Nigeria (CBN) to stop…
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