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Nigeria’s gross domestic product (GDP) grew by 3.54 percent year-on-year in real terms in the second quarter of 2022. The development is an improvement from the...
The national chairman of the All Progressives Congress (APC), Abdullahi Adamu, has said President Muhammadu Buhari’s government can borrow money “till eternity” for the country, so...
Again, the naira, on Wednesday, weakened against the dollar at the parallel section of the foreign exchange market. It was gathered that the local currency depreciated...
Naira has weakened by 34 percent in 10 months, closing at N710 to a dollar on Wednesday in the parallel market, with a margin of N280...
The Nigerian government withdrew $1billion from the Excess Crude Account (ECA) to fund security amid depleting oil revenue, an official said on Wednesday. Nigeria’s Minister of...
Nigeria’s fiscal position worsened as the cost of debt servicing surpassed the government’s revenue in the first quarter of 2022. It was earlier reported that the...
The cost of servicing Nigeria’s debt surpassed federal government’s retained revenue by N310 billion in the first four months of this year (2022). This was made...
Nigeria’s oldest airline, Aero Contractors, has temporarily suspended operations over economic crisis. It was earlier reported that airlines in Nigeria have been lamenting the skyrocketing price...
The League of Women Voters has asked President Buhari to resign over his inability to protect the country and mitigate economic suffering. In a statement signed...
President Muhammadu Buhari has once again expressed confidence in the Central Bank of Nigeria (CBN)’s governor, Godwin Emefiele. In an interview with Bloomberg, the president said...
