Finance
FG tilts towards domestic revenue, to collect more taxes
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, h disclosed plans by the government to concentrate...
Global economic growth continues to slow at 3% in 2023 – IMF
The International Monetary Fund (IMF) says global growth is forecast to slow from 3.5 per cent in 2022 to 3.0...
eNaira, not a threat to financial stability – CBN
The Central Bank of Nigeria (CBN) has stated that the country’s Central Bank Digital Currency (CBDC), the eNaira, is a...
DMO says N150 billion Sukuk to fund 3,000km roads
Director General of the Debt Management Office (DMO), Patience Oniha, has stated that the federal government will utilise the ongoing...
We’ve budgetary approval for N1.7trn external borrowing – DMO
Director General of Debt Management Office (DMO), Ms. Patience Oniha, said the office has budgetary approval for N1.7 trillion external...
N5trn remitted into Federation Account in 6 months – RMAFC
The federation account swelled by N5,244,037,636,561.60 over a six month period, from January to June 2023. This is according to...
Despite ban, Nigeria crypto usage growing – Report
Despite its ban by the Central Bank of Nigeria (CBN), cryptocurrency usage is growing in Nigeria as Africa's largest economy...
Beneficiaries complain as CBN set to recover COVID-19 loans
The Central Bank of Nigeria (CBN), is set to recover loans it granted some categories of Nigerians to ameliorate harsh...
Nigeria’s total public debt hits N87.3trn – DMO
The Debt Management Office (DMO) has disclosed that Nigeria’s total public debt rose to N87.38 trillion by the end of the second quarter of...
US, China count for 50% of world’s $235tn debt
The Unite States of Merica and China account for 50 per cent of the world's collective debt of $235 trillion....