The Nigerian Economic Summit Group (NESG) has projected the country’s unemployment rate to rise to 37 percent in this year. The private sector-led think-tank made the projection in its latest…
Read More NESG projects Nigeria’s unemployment rate to hit 37% in 2023
The Central Bank of Nigeria (CBN) on Thursday threatened to sanction commercial banks in Ogun State dispensing the old naira notes. The apex bank introduced new naira notes – N200, N500,…
Read More CBN threatens to sanction banks dispensing old Naira notes
The Nigerian Communications Commission, NCC, Wednesday in Abuja, signed a revised Memorandum of Understanding with the National Lottery Regulatory Commission, NLRC, with provisions to deter unapproved lottery and gaming practices…
Read More NCC renews MoU with Lottery Commission
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