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Nigeria’s LPG production hits 5m tonnes, utilises 8% domestically –…
The Federal Government says Nigeria currently produces about five million tonnes of Liquefied Petroleum Gas (LPG) annually and…
CBN recovers N3.7trn out of N9.3trn intervention funds disbursed in four…
Mr Yusuf Yila, Director, Development Finance Department of the Central Bank of Nigeria (CBN), has said that beneficiaries of the…
How Federal, State Governments can reduce borrowings, improve revenue…
Government can reduce its dependence on borrowings to finance budget deficits by improving its revenue drive and prioritising…
AfCFTA: CIBN, PAPSS sign MoU to resolve payments-related challenges in…
The African Continental Free Trade Area (AfCFTA) may be taking a proper rooting anytime soon following a swift intervention by the…
Sterling Bank expands business interests, to adopt new name
Shareholders of Sterling Bank have approved its conversion from a core banking business to a holding company.
The shareholders…
Stanbic IBTC Bank advocates collaboration, innovative financing solutions…
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has advocated effective collaboration among stakeholders and launching…
CBN increases interest rate to 15.5%, gives reasons
To combat the growing inflation rate, the Monetary Policy Committee of the Central Bank of Nigeria increased the benchmark…
Nigeria’s revenue shrinks by N371bn to N885bn in August
The revenue generated by the Federal Government dropped by N371 billion to N885.5 billion in August 2022.
The figure represents…
Nigeria’s economic outlook uncertain, welfare deteriorating –…
The World Bank has said that Nigeria’s economic outlook is uncertain and its ability to attract domestic and foreign investments…
Nigeria Air: FG selects Ethiopian Airlines as preferred bidder
The Federal Government has selected Ethiopian Airlines (ET) Consortium as preferred bidder for Nigeria Air.
The Minister of…