Economy

President Bola Tinubu presented the 2024 budget to the National Assembly’s joint session on Wednesday. It is President Tinubu’s first full-year budget since he assumed...

The Supreme Court on Wednesday ordered that the old N200, N500, N1000 notes should continue to co-exist with the new naira notes till further...

President Bola Tinubu has written the House of Representatives seeking the approval of the green chamber for $8.6bn and €100m external borrowing plan for...

President Bola Tinubu will present the 2024 budget to the National Assembly on Wednesday. This is according to a memo dated November 27, 2023, signed...

Nigeria’s central bank has urged lenders to recapitalise their balance sheets in the face of high inflation, currency weakness and slow economic growth. “We must...

Nigeria’s Gross Domestic Product (GDP) grew by 2.54% (year-on-year) in real terms in the third quarter (Q3) of 2023. This growth rate is higher than...

The Federation Account Allocation Committee (FAAC) has shared N906.955 billion October 2023 Federation Account Revenue to the Federal Government, states, and Local Government Councils. This...

The House of Representatives on Tuesday approved the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The House approved a benchmark oil...

Nigeria’s central bank postponed a meeting of its monetary policy committee (MPC) for a second time since Governor Olayemi Cardoso was nominated to the...

Nigeria’s annual inflation rate rose to 27.33 per cent in October from 26.72 per cent in the previous month, the National Bureau of Statistics (NBS) said...