Please Subscribe
subribe to get the latest news delivered to you free
Economy
Senate Passes N17.12trn Budget For 2022, Adjourns Plenary Till Jan 18
The Senate on Wednesday passed an aggregate expenditure of N17,126,873,917,692 trillion naira as budget for the 2022 fiscal year. The passage followed the...
Experts Knock Lawmakers As Reps Raise Budget To N17.12tn
Members of the House of Representatives at plenary The House of Representatives, on Tuesday, passed the 2022 Appropriation Bill, raising the total estimates...
Nigeria Has Not, And Will Not, Mortgage National Asset For Chinese Loans – DMO
The Debt Management Office (DMO) has clarified that loans from China to Nigeria, which presently stood at 3.59 billion dollars, constitutes only 9.4...
Inflation Rises +15.40% Year-on-Year in November 2021 As Food Index Up1+7.21%
The consumer price index, (CPI) which measures inflation increased by 15.40 percent (year-on-year) in November 2021. This is 0.51 percent points higher than...
Reps Approve Fresh $5.8bn Loan, $10m Grant For FG
The House of Representatives, on Tuesday, approved external borrowings totaling $5,803,364,553.50 and a grant of $10,000,000 for the Federal Government as part of...
Nigeria’s Debt Rises By N2.54tn In Three Months, Hits N38tn, Says DMO
The Debt Management Office on Tuesday disclosed that Nigeria’s public debt was N38.005tn as of the end of the third quarter of 2021....
New Taxes,Tariffs May Be Imposed Soon, Declares FG
The Federal Government has indicated the possibility of introducing new taxes, tariffs and levies as part of measures to shore up its revenue....
Nigeria’s imports Rise To N8.2tn In Q3 – NBS
The National Bureau of Statistics on Monday disclosed that total foreign trade in Nigeria rose to N13.3 trillion in the third quarter of...
