Govt withdrew $25m from Nigeria’s Excess Crude Account in last three months, depleting excess...
Nigeria's Excess Crude Account is nearly depleted, and it may soon be depleted if the federal government makes another large withdrawal.
The National Economic Council...
FMDQ delays the publication of the official exchange rate, depriving Nigerians of critical information.
The FMDQ, Nigeria's main source for tracking the official exchange rate, has stopped publishing the official (I&E Window) exchange rates on its website at...
In the first nine months of 2021, the UK and S/Africa jointly account for...
Between January and September 2021, the United Kingdom and South Africa topped the list of source countries for Nigeria's capital inflows, accounting for 64.9...
Finally, Nigerians can now tweet without the use of a VPN: Twitter ban
Nigeria shut down Twitter in June after a comment by Buhari was deleted, sparking an international outcry over freedom of expression.
Since then, the government...
FG To Assure Manufacturers Of Better Infrastructure And Forex Access This Year – Adebayo
To improve Nigeria's manufacturing capacity in Africa, the Federal Government has stated that it will focus on improving access to power and infrastructure for...
World Bank says the Nigerian economy is expected to grow by 2.5% in 2022
The Nigerian economy is expected to grow by 2.5 percent in 2022, up from 2.4 percent in 2021, according to the World Bank.
This was...
World Bank predicts sluggish global growth until 2023, citing new COVID-19 variants as evidence.
Despite a strong rebound in 2021, the World Bank says the global economy is entering a "pronounced slowdown" due to new threats from COVID-19.
Other...
Oil defies forecasted surpluses in 2022, continue bullish run despite fading virus fears
Despite the fact that it is still early in the year, oil prices have started 2022 on a positive note, defying experts' predictions of...
Inbound Passengers traveling to Lagos face difficulties due to payment issues for PCR tests
According to an investigation, many inbound passengers scheduled to arrive in Nigeria through the Murtala Muhammed International Airport (MMIA) in Lagos are stranded in...
Investors to pay 10% tax on sale of their shares – Finance Act
According to the provisions of the signed Finance Act 2021, investors on the Nigerian Stock Exchange will pay a 10% capital gains tax on...
