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Vice President Yemi Osinbajo has disclosed that Nigeria will reap a huge debt relief from some creditors running into billions of US dollars when the nation’s...
Vice-President Yemi Osinbajo says there are 10 states in Nigeria with bigger gross domestic capital (GDP) than some African countries. The vice-president said Nigeria should not...
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...
