Economy
FG, States, LGs Share N954bn FAAC In July, Highest Monthly Allocation Under Buhari Administration
The recent increase in monthly distributable revenue to the three tiers of government continued in July as the Federation...
Read moreDetailsNigeria, US Sign Fresh Agreement On Repatriation of $23m Abacha Loot
The Federal Government of Nigeria and the United States of America (USA) on Tuesday signed an agreement for the repatriation...
Read moreDetailsAbubakar, Obi, Shettima At NBA Conference, Proffer Solutions To Nigeria’s Challenges
Some of the Presidential candidates in the 2023 elections on Monday attended the Nigerian Bar Association’s annual general conference in...
Read moreDetailsData Integrity Casts Doubts On Inflation Figures As Scourge Separates Nigerian Consumers From ‘Favourites’
John Omachonu As predicted by some analysts Nigeria’s inflation rate rose again to 19.64 percent in July, which...
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Consumers’ Hardship Continues As Nigeria’s Inflation Hits 17-Year High Amid Soaring Food Prices
Nigerian consumers are in for continuous hardship as rising prices of food items continues with new inflation rate at 19.64...
Read moreDetails5% Tax: Telecoms Consumers Head For Court As Analysts Query Imposition Of Taxes In Depressed Economy
Analysts are at a loss as to why federal government of Nigeria would opt for taxes as ways of...
Read moreDetailsDisturbing Outlook On Nigerian Economy Elicits Fears Of Recession, Extinction, Displacement Of Resources, Others
John Omachonu Nigeria is currently in dire straits and would require synergy between the fiscal and monetary policy measures, combined...
Read moreDetailsRising Debt Pushes Nigeria Up To Fourth On World Bank Debtors’ List
Fresh debt accumulation of International Development Association (IDA) of $1.3billion within a fiscal year may have pushed Nigeria to...
Read moreDetailsConcerns Over CBN’s Planned Sale Of Polaris Bank For N50billion, After N1. 4Trn Spent On Revival
By John Omachonu The planned sale of the bridge financial institution, Polaris Bank by the Central Bank of Nigeria...
Read moreDetailsCBN, NNPCL May Clash Over Naira Value, Foreign Reserves
The Central Bank of Nigeria (CBN) and the National Petroleum Company (NNPC) Limited may be heading for a collision course following...
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