Finance
FG earns $4.820bn from non-oil export in 2022
The Nigerian Export Promotion Council (NEPC), said that Nigeria recorded a non-oil export earnings of 4.820 dollars in 2022. The...
ANALYSIS: Nigeria’s rising debt: The way forward
By Chinyere Joel-Nwokeoma Most governments, multilateral organisations and the private sector across the world usually resort to borrowing to bridge...
DMO issues two FGN savings bonds at N1,000/unit
The Debt Management Office (DMO) has announced its Dec. issuance of two Federal Government of Nigeria (FGN) Savings Bonds at...
Halal economy: OIC member countries record $63bn trade deficit
Member states of the Organisation of Islamic Cooperation (OIC) recorded a trade deficit of 63 billion dollars for halal economy...
Over 80% of countries hit by rising inflation – Emefiele
Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said the steady increase in headline inflation from...
UK economy to suffer biggest hit from energy crisis in G7
The UK economy will contract more than any of the world’s seven most advanced nations next year as Britain suffers...
DMO offers N100bn ‘Sukuk bonds’ for road construction
The Debt Management Office (DMO) offered N100 billion “Ijarah Sukuk’’ bonds for subscription at N1,000 per unit on Monday on...
Only borrowing cannot sustain Nigeria – DMO
Director-General of the Debt Management Office (DMO), Patience Oniha, has said that Nigeria cannot survive on only borrowing and so...
AMCON debt panel submits report to Osinbajo
The inter-agency committee set up by the Federal Government on the recovery of debts owed to the Asset Management Corporation...
REVEALED: Nigeria’s debt hits N42.84trn – NBS
Nigeria’s public debt stock rose from N35.46 trillion (86.57 billion dollars) in the second quarter of 2021 to N42.84 trillion...