Osinbajo launches FG’S energy transition plan as Nigeria seeks $10bn initial support package …World Bank, US EXIM Bank pledge $3b implementation support
Africa’s increasing energy gaps require collaboration to take ownership of the continent’s transition pathways and the action should be decisive and urgent, according to Vice President Yemi Osinbajo, SAN. Prof.…
Osinbajo notes progress in infrastructure, inaugurated new council with public-private collaboration …List plans to further reduce deficit, attaining 70% stock
Osinbajo Collaboration between the Federal Government and the private sector will not only ensure effective coordination of the infrastructure development across the nation, and all sectors of the economy,…
Prices of beans, groundnut oil, tomatoes, others rose in July – NBS
The National Bureau of Statistics has said that the prices of selected food items including beans, tomatoes, groundnut, beef, and palm oil, among other consumer goods recorded sharp increases in…
Telecom subscribers to pay 5% tax on call, text, data
The Federal Government has disclosed that telecommunications subscribers would pay a 5 per cent tax on call, SMS, and data services. Indications to this development were dropped during a Nigerian…
Senate summons CBN Governor over naira fall
The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate and inform senators in a closed session on the reasons…
BudgIT raises concerns over poor performance of the 2022 budget
BudgIT, a foremost civic-tech organisation leading advocacy for transparency and accountability in Nigeria’s public financial management, has expressed concerns over the poor fiscal performance of the federal government's 2022 budget…
FG Targets N720b in Q3 As DMO Unveil Bond Issuance Calendar
The Federal Government is set to generate about N720 billion in the third quarter of 2022 from FGN Bonds. This is according to “FGN Bond Issuance Calendar For Third Quarter,…
Inflation timebomb threatens Nigeria’s outlook Written on 17/06/2022 by Lukman Otunuga, Senior Research Analyst at FXTM
There was a period when Nigeria displayed resilience against the inflation menace. As other countries across the globe waged war on rising prices, Africa’s largest economy experienced periods of cooling…
CBN Governor Calls For Sustainable Means of Increasing Foreign Exchange
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has called on stakeholders in the export value chains to come up with constructive and innovative suggestions towards exploring the…
Inflation increases to 17.7% in May -NBS
Nigeria’s consumer inflation rate increased to per cent in May 2022 compared with per cent in the previous month, the National Bureau of Statistics (NBS) said in its latest report…