Economic News

The Federal Government has accused the Central Bank of Nigeria of misappropriating N2.73tn in interest payments from Ways and Means...

The government of Saudi Arabia is exploring the possibility of investing in Nigeria’s infrastructure sector, the Federal Ministry of Finance,...

The Federal Government of Nigeria spent N8.73bn on airport power infrastructure in 2024, primarily to ensure a consistent electricity supply...

Nigeria’s net foreign exchange inflows rose by 70.5 percent year-on-year (YoY) to $42.06 billion in the first nine months of...

No fewer than 10 federal ministries and agencies under their purview got over N1tn each as appropriation in the 2025...

Atiku Abubakar former Vice President says the ₦49.7tn 2025 budget proposed by President Bola Tinubu is inadequate to address Nigeria’s...

Nigeria’s headline inflation rate may drop by 25 basis points to 34.5 per cent in December 2024. In a report...

Festus Osifo, president of the Trade Union Congress (TUC), cautioned Nigerians on Thursday against politicising the tax reform bills. President...

The Nigerian National Petroleum Company Limited (NNPCL) has explained that it is the old Port Harcourt refinery, having 60,000 barrels...

Vice President Kashim Shettima has emphasised the need for robust human and technological capital development to harness the burgeoning $200...