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CBN says weakening Naira fueled by speculative demand

The Central Bank of Nigeria (CBN) Friday tried to douse tension over…

4 Min Read

Petrol subsidy nears N6.7trn as debt service exceeds revenue

The federal government has projected that petrol subsidy will gulp N6.7 trillion…

12 Min Read

Senate passes bill to boost power distribution

The Senate, on Wednesday, passed the Electricity Bill, 2022, which seeks to,…

4 Min Read

CBN hikes rate to 14 percent to curtail inflation

The Central Bank of Nigeria's MPC has hiked interest rate to 14…

AfDB, SEC sign $460,000 pact for market surveillance system project

The Securities and Exchange Commission (SEC) and African Development Bank Group have…

7 Min Read

How government’s approach worsens fiscal crisis – Experts

Nigeria’s current fiscal crisis has been blamed on the inability of the…

10 Min Read

Low revenues pushing government’s appetite for borrowing, says DMO

The the Debt Management Office (DMO) has clarified that Nigerian government’s continued…

4 Min Read

NCP approves strategy to fast-track work on Zungeru power plant

The National Council on Privatisation (NCP) has approved a work plan to…

3 Min Read
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