Nigeria recorded a total foreign exchange (FX) inflow of approximately $24 billion in the first quarter of 2024, according to…
Browsing: Economy
Nigerians’ borrowing from banks soared to N3.82 trillion in January 2024, reflecting the impact of rising inflation and challenging economic…
Nigeria’s foreign exchange reserves have increased by 5 percent to $33.58 billion over the past two months, according to the…
The federal government has approached the World Bank for a $500 million loan to improve rural roads, enhance access to…
In its June 2024 meeting, the Federation Accounts Allocation Committee (FAAC) allocated N1.143 trillion among the Federal Government, States, and…
Nigeria’s foreign exchange reserve has rebounded to $32.8 billion, marking a positive shift after a 10-week decline that saw…
Billions of dollars’ worth of gold is smuggled out of Africa each year, much of it bound for Dubai before…
Equities fell Wednesday on lingering worries about the outlook for US interest rates, while oil prices extended their gains after…
In addressing the challenge of excess liquidity within the economy, the Federal Government has announced plans to implement targeted strategies.…
A quick glimpse reveals the following: While the Buhari administration shared allocations by way of illustration for January 2023, 1.4…
President Bola Tinubu has set up a mechanism to steer the nation towards sustainable growth and resilience. The newly established…
President Bola Tinubu has pledged an effort to curb gas flaring by significant margins, reiterating Nigeria’s commitment to implementing leading…