Our reporter| Following the current hardship faced by Nigerians over the redesign of the new naira note, the Federal Government on Thursday expressed concern but describes the pain as transient.…
Read More Naira swap necessary ‘pain’ for Nigeria’s economy, says FG
Some assets owned by the federal government are unknown, while others are “dead and gone”, The ministry of finance incorporated (MOFI), has said. MOFI is a corporation solely vested with…
Read More Some assets owned by federal government are unknown, dead – MOFI
Our reporter| The petrol scarcity in the country is not a deliberate action to influence the forthcoming general elections, Mele Kyari, group chief executive officer (GCEO), NNPC Limited, has said.…
Read More Kyari: Petrol scarcity not deliberate action to impact forthcoming elections
Our reporter| The Central Bank of Nigeria (CBN) has directed commercial banks to begin the payment of the new naira notes to customers over the counter. This is according to…
Read More CBN orders banks to commence payment of new notes over the counter
The International Monetary Fund (IMF) has upgraded Nigeria’s economic growth projection to 3.2 percent in 2023. The latest forecast is 0.1 percentage point higher than the 3.0 percent earlier projected…
Read More Nigeria’s 2023 economic growth prospects upgraded by IMF to 3.2%