Nigeria’s foreign trade data low for Africa’s single market roadmap
Nigeria’s trade in goods with the rest of Africa in about five years stood at N15.85 trillion, data obtained from…
Debt servicing to gulp 123% of Nigeria’s 2023 revenue – World Bank
The World Bank has projected that debt servicing will gulp 123.4 per cent of the Federal Government’s revenue in 2023.…
CBN Reviews Over-the-Counter Withdrawal Limits
The Central Bank of Nigeria has released a new cash guidelines on over-the-counter withdrawals with effect from January 2023. According…
Finance Minister blames Budget Office error for “budget padding”
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has cleared the air over the N424bn that was said…
Nigeria’s foreign trade declines by N1.24tn
Nigeria’s total merchandise trade fell by N1.24tn, from N12.84tn in the second quarter of 2022 to N11.59tn in the third…
FG to issue green bond to finance 2023 budget, says DMO
The Debt Management Office (DMO) says the Federal Government will issue a green bond to finance the 2023 budget. The…
Bitcoin’s Winter Lingers
This year’s crypto rout has sliced almost 70% off a gauge of the top 100 digital assets. Cryptocurrencies slid on…
Prudential Launches Programme for Young Professionals
Prudential (www.Prudentialplc.com) has completed a four- day immersive leadership program for young professionals from across the Group hosted in Lagos,…
Forex Crisis: Traders Lose as Naira Rebounds to 720/Dollar
The naira has rebounded by 20.8 per cent to 720/dollar at the parallel market, according to media reports. The development…
Binance Bails Out Crypto Rival FTX
Global crypto giant Binance has entered into a non-binding agreement to buy rival FTX’s non-US unit, FTX.com, to help cover…