The sum of N1.7 trillion was on Thursday approved by the House of Representatives as a subsidy for fuel in 2023 This amount is at variance...
Nationwide outage may soon occur as the National Union of Electricity Employees (NUEE) has again threatened to shut down the national grid. The electricity employees are...
Nigeria’s total public debt stock is now N42.84 trillion ($103.31 billion), according to the Debt Management Office (DMO). It was N41.60 trillion ($100.07 billion) in March....
Over 23 million Nigerians have lost their jobs since Muhammadu Buhari became the nation’s president, according to former Vice President Atiku Abubakar. Abubakar, the presidential candidate...
Nigeria is at a risk of suffering economic stagflation unless urgent necessary steps are taken to tackle this prospect, the Lagos Chamber of Commerce and Industry...
Local airlines are owing the Nigerian Civil Aviation Authority (NCAA) over N19 billion and $7.6 million on ticket charges they have collected from passengers. According to...
The Minister of Finance and National Planning, Zainab Ahmed, has said that Nigerians should compare their economy with that of Sudan and not South Africa’s. According...
Against the N45.32 trillion recorded in the first quarter, Nigeria’s Gross Domestic Product (GDP) dropped to N45 trillion in the second quarter of 2022 , according...
Inflation rate rose to 19.64 per cent in July 2022 from 18.60 per cent in June 2022, according to the National Bureau of Statistics (NBS). It...
Nigeria’s increasing debt profile under President Muhammadu Buhari is a source of worry to the Central Bank of Nigeria ( CBN) . This was disclosed in...
