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The scarcity of the new notes was also confirmed to this newspaper by bank managers of commercial banks in Lagos and Abuja. → Read More
“I must say here that, unfortunately, I don’t have good news for those who feel that we should shift the deadline. My apologies,” Mr Emefiele said. → Read More
The NBS had attributed rising inflation to a sharp increase in demand ahead of the holiday season amid rising cost of production. → Read More
Ghana is battling its worst economic crisis in a generation, amid a currency crisis that has worsened the nation’s fiscal position → Read More
Growth in agriculture is expected to soften in Nigeria because of the damage from last year’s floods, the bank said. → Read More
Mr Nkom was first appointed in 2019 for an initial period of four years → Read More
The World Bank said CBN’s financing of the fiscal deficit continues to fuel inflation by increasing liquidity in the money market. → Read More
They (bonds) are offered at N1,000 per unit subject to a minimum subscription of N5,000 and in multiples of N1,000 thereafter → Read More
In October, the IMF predicted a slower growth for the Nigerian economy in 2022, changing its forecast from 3.2 per cent in July... → Read More
Other eminent scholars and professionals who spoke glowingly about Mr Falola include Olabode Popoola, Ajibola Ogunsola, Evelyn Hauwa... → Read More
The think tank described the move as a major letdown by the National Assembly in its representation role. → Read More
The former U.S. president says the revelation will lead to "horrible things" for so many people. → Read More
Ways and Means finances of the apex bank pose greater liquidity and inflation risk to the economy, the think tank said. → Read More
The long-running case concerns a debt allegedly owed by Aiteo to Shell and several other claimants. → Read More
Recently, a video circulated online in which a food vendor rejected the new N1000 note from a customer. Nigerians online blamed... → Read More
Nigeria’s inflation rate rose for the 10th consecutive month in November to 21.47 per cent from 21.09 per cent recorded a month earlier. → Read More
The World Bank says the revision is due to slow economic growth in the third quarter, and due to a weak performance in critical areas of the economy. → Read More
The presidency says consultants asked to be paid a professional fee of 7.5 percent and were placed under the supervision of the Secretary... → Read More
In an interview with BBC Hausa on Friday, the lawmaker claimed to be Secretary of the Presidential Committee on the Reconciliation... → Read More
Nigeria's debt owed to China accounts for 83.57 percent of its total bilateral debt as of June 30, 2022, totalling $3.9 billion. → Read More