Finance
AfDB to raise $1bn to avert food shortage in Africa – Adesina
The African Development Bank has announced a $1 billion plan to boost wheat production in Africa to avert potential food...
Nigeria’s inflation hits all time high in three months -NBS
Inflation in Nigeria has risen to 15.70 percent in February 2022, making it the highest in three months amid soaring...
DBN grants women entrepreneurs N98bn support
The Development Bank of Nigeria (DBN) disbursed over N98bn to support Nigrian female entrepreneurs received a total capital N98 billion...
Banks’ non-performing loans drop to lowest level in decade
Commercial banks’ non-performing loans (NPLs) levels in Nigeria had fallen below five to 4.94 percent at the end of December...
CBN committed to boosting local agric production – Emefiele
The Central Bank of Nigeria (CBN) has expressed commitment to boosting local agricultural production. The CBN Governor Godwin Emefiele disclosed...
Oil subsidy may cost Nigeria N4trillion – World Bank
The postponement of full deregulation of the downstream sector of the petroleum industry by 18 months may cost Nigeria over...
$3.4bn loan: Nigeria to pay IMF $3.51billon in five years
The International Monetary Fund (IMF) has said Nigeria is expected to pay her $3.51bn between 2022 and 2026 to offset...
Customs to generate N3.02trillion in 2022 – Ali
The Comptroller General of Customs Service, Col Hamed Ali says the Service has set a revenue target of N3.02tn for...
FG invested N300bn in private sector in 2021 – Osinbajo
Vice President Yemi Osinbajo says the federal government has invested an estimated N300 billion in order to close infrastructure deficit...
Why Nigeria attracted lowest ever FDIs in 2021
Insecurity, unattractive business environment, failure to improve its FDI and poor ranking among 190 economies in the ease of doing...