Business
2023 Budget: Presidency, 12 MDAs to spend N11 billion on software acquisition
The Presidency and 12 Ministries, Departments, and Agencies (MDAs) of the Federal Government will spend the sum of N11 billion...
Read more
Investors settle for paltry 7.3% yield on Treasury Bill despite 21.47% inflation rate
Despite an inflation rate of 21.7% year-on-year, investors were willing to place their bet on Nigeria’s 364-day tenor Treasury bill...
Read more
Ukraine Donates Grain to Nigeria, Plans Grain Hubs In Nigeria, Other African Countries
The Ukrainian government, still engaged in war with Russia, has expressed its readiness to establish grain hubs in Nigeria and other...
Read more
Borrowing Costs, Others Weaken Nigeria’s Fiscal Position- World Bank
The World Bank has said that high borrowing costs, lower energy prices, slow growth in oil production and subdued oil-sector...
Read more
Nigerian Cinemas generate revenue of N6.94 billion in 2022
Nigerian cinema operators generated a total revenue of N6.94 billion in 2022, against revenue of N4.74 billion in 2021. This...
Read more
Nigeria’s GDP growth to decelerate to 2.9% in 2023, Says World Bank
The World Bank has disclosed that Nigeria’s GDP growth rate is expected to decelerate to 2.9 percent in 2023 and remain...
Read more
Scarcity: FG Orders NNPC To Reduce Petrol Price
The Nigerian National Petroleum Company Limited is selling Premium Motor Spirit, popularly called petrol, at a loss because of its...
Read more
Fuel Importation To End By 2024 – Timipre Sylva
The Federal Government on Monday projected that by the first Quarter of 2024 Nigeria will put an end to the...
Read more
Old Naira Notes: No Extension, January 31 Deadline Stands- CBN
THE Central Bank of Nigeria (CBN) has reiterated that the deadline for exchange of the old Naira notes for new...
Read more
Economists react as cash withdrawal limit policy takes effect today
Sequel to the pronouncement on December 6, 2022, the Central Bank of Nigeria’s cash withdrawals policy has taken effect today....
Read more
