Business

IMF: Nigeria may spend 100% of revenue on debt servicing

The International Monetary Fund (IMF) says Nigeria may spend almost 100 percent of its revenue on debt servicing by 2026. Ari Aisen, IMF’s resident representative...

Dorcas Tyena - May 31, 2022

Business

Emefiele: What CBN Act says about sack of CBN gov

Rumours about the Central Bank Governor, Godwin Emefiele, being fired surfaced on social media yesterday. This story was quickly debunked by Osita Nwanisiobi, the Central...

Dorcas Tyena - May 26, 2022

Business

CBN 13% interest rate hike- What it means for Nigerians, the economy

The Central Bank of Nigeria’s Monetary Policy Committee on Tuesday raised the benchmark interest to 13 per cent. The governor of the Central Bank,...

Dorcas Tyena - May 25, 2022

Business

Increased productivity will improve value of Naira — Experts

Only increased productivity and a change in consumption patterns of Nigerians will shore up the value of the naira. This was among the consensus reached...

Dorcas Tyena - May 23, 2022

Business

Elon Musk Loses $10billion In One Day

Tesla founder and CEO Elon Musk lost $10 billion in just a single day after claims of sexual misconduct against him emerged. He was worth...

Dorcas Tyena - May 23, 2022

Business

Naira notes will be out of circulation soon- CBN

The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into...

Dorcas Tyena - May 20, 2022

Business

Inflation rises, exceeds IMF’s 2022 projection

The Consumer Price Index rose to 16.82 per cent in April from 15.92 per cent in March, latest figures from the National Bureau of...

Dorcas Tyena - May 17, 2022

Business

Nigeria’s GDP grows by 3.40% — NBS

The National Bureau of Statistics (NBS), has said that Nigeria’s Gross Domestic Product (GDP) rose by 4.03 per cent in the third quarter of...

Dorcas Tyena - May 12, 2022

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Latest news

BusinessApril 30, 2024

Forbes Billionaire Index: Dangote, Adenuga Gain, Rabiu Loses

Foremost Nigerian businessman and industrialist, Aliko Dangote has recorded major gain in his wealth while Abdul Samad Rabiu saw...

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BusinessApril 28, 2024

Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized the crucial role of industrialization in diversifying the economy. The Regional...

HealthApril 28, 2024