Nigeria has enough foreign exchange reserves to withstand a global recession this year, the federal government said on Wednesday. Zainab Ahmed, minister of finance, budget and national planning, who made…
Read More Nigeria’s external reserves healthy enough to withstand global recession, says FG
The Nigerian National Petroleum Company (NNPC) Limited says it deducted N152.85 billion as a shortfall for the importation of petrol (subsidy) in November 2022. The national oil company said this in its…
Read More Again, NNPC makes zero FAAC remittance as subsidy payments hit N3.3trn in 11 months
The three richest men in Nigeria have more wealth than 83 million citizens, a new report by Oxfam, an international confederation against poverty has revealed. Oxfam released the global inequality…
Read More Three richest men in Nigeria have more wealth than 83m citizens – Oxfam report
Our repoter/ The Department of State Services (DSS) on Monday described reports that its operatives invaded the Central Bank of Nigeria (CBN) to arrest Godwin Emefiele, the CBN governor, as…
Read More DSS denies invading Emefiele’s office at CBN
Our reporter/ For the first time in about eleven months, Nigeria’s inflation rate eased to 21.34% in December 2022 from 21.47% in November 2022. The National Bureau of Statistics (NBS)…
Read More Nigeria’s inflation rate drops to 21.34%