WB says Nigeria spends 96% of revenue on debt servicing in 2022
The World Bank has said that Nigeria spends 96.3 percent of revenue on debt servicing in 2022 from 83.2 percent
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Economy
Nigeria government to repay $800m World Bank loan for 25 years
The next administration after President Muhammadu Buhari will begin the repayment of the $800m loan approved by the World Bank
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Polish President awards Zelenskyy ‘The Order of the White Eagle’, boost Ukraine military armament
Ukrainian President Volodymyr Zelenskyy won new pledges of military and economic cooperation Wednesday, April 5 on a state visit to
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South African envoy wants closer business synergy with Nigeria
The Consul General of the Republic of South Africa in Lagos, Dr. Bobby J. Moroe has called for closer ties
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Keyamo invited by CCB over fraud allegations against Atiku
It said this was to enable the minister adopt the petition and to provide any additional information. The Code of
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CBN Directs Banks to open on Saturday, Sunday to pay Cash
The Central Bank of Nigeria (CBN) has disclosed that it has evacuated banknotes from its vaults to commercial banks across
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Finally, CBN direct banks to receive and dispense old N200, N500, and N1,000 notes
The Central Bank of Nigeria has broken its silence on the status of the old N500 and N1000 bank notes,
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Supreme Court says old naira notes to stay till December 31
On Friday, March 03, 2023, the Nigerian Supreme Court mandated the continued circulation of the old naira notes until December
Read MoreNigeria’s GDP growth dropped to 3.10% in 2022_NBS
Nigeria’s economy grew significantly in the fourth quarter of 2022 as its gross domestic product increased by 3.52 percent, according
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NNPCL says Nigeria’s oil production rises to 1.6m bpd
The Nigerian National Petroleum Company Limited, NNPCL says Nigeria’s oil production hits 1.6 million barrels per day. This is a
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