Business
Nigeria’s debt service cost rises by 28% to N1.17 trillion in Q3 2022
Nigeria spent a sum of N1.17 trillion on local and foreign debt servicing in the third quarter of 2022, representing...
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Active bank accounts in Nigeria is 133.5 million according to NIBSS
The number of active bank accounts in Nigeria increased to 133.5 million in 2021, according to the data released by...
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Spain displaces India as Nigeria’s top export destination
Spain was Nigeria’s top export destination in Q3 2022, according to recently-released foreign trade data from the National Bureau of...
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Debt Servicing To Gulp 123% Of 2023 Revenue- World Bank
The World Bank has projected that debt servicing will gulp 123.4 per cent of the Federal Government’s revenue in 2023....
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Africa Agrees On Single Air Transport Market- Sirika
The Minister of Aviation, Hadi Sirika, has said that Africa has resolved to implement a Single Air Transport Market in...
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Nigeria Must Limit Reliance On Foreign Products- Emefiele
The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the country is putting in place measures to protect the...
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NCAA Seeks Removal From Public Service
The Nigerian Civil Aviation Authority (NCAA) on Friday disclosed that plans were underway seeking the removal of the agency from...
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Nigeria’s daily crude oil production crawls to 1.41 million bpd in November 2022
Nigeria’s daily crude oil production output increased slightly to a daily average of 1.41 million barrels in November 2022. This...
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E-payment transactions in Nigeria hit N38.9 trillion in November 2022
Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that transactions worth N38.9 trillion were performed electronically in...
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Lagos Seeks to Take Over State’s Electricity Regulation from NERC
Lagos State Government on Thursday announced that it was putting in place measures that would see it take away the...
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