Economy

FG Set To Receive Fresh $2.2bn World Bank Loan

  The Federal Government is set to receive around $2.2 billion single-digit interest loan from the World Bank. The Minister…

6 months ago

Why We Have High Cost Of Food Stuff, Other Items Despite Dollar Crash – FG

The Federal Government has explained the reasons behind the high cost of consumables and other items across the country, despite…

6 months ago

FAAC Shares N1.123trn To Federal, States, LGs

No fewer than a total of N1.123 trillion has been disbursed to the federal, state, and local governments for March…

6 months ago

Access Holdings’ Shareholders Hail Aig-Imoukhuede’s Return As Chairman

Re-elect Olusegun Ogbonnewo and Ojinika Olaghere as Non-Executive Directors The shareholders of Access Holdings Plc (“Access Holdings” or “the Group”)…

6 months ago

300m Africans To Get Access To Electricity By 2030 – World Bank, AfDB

In a bid to put an end to recurring power shortages in the African continent, the World Bank and the…

6 months ago

CBN Slashes Banks’ Loan Deposit Ratio To 50%

The Central Bank of Nigeria (CBN) has reduced the Loan-to-Deposit ratio (LDR) for banks from 65 percent to 50 percent.…

6 months ago

Dangote Slashes Diesel Price To N1,000/Litre

The Dangote Petroleum Refinery has reduced the price of Automotive Gas Oil, popularly called diesel, from N1,200/litre to N1,000/litre. This…

6 months ago

FG Begins Disbursement Of N200bn Palliative Loans For Small Businesses

The Ministry of Industry, Trade and Investment says it has begun disbursement of the Presidential Conditional Grant Scheme to verified…

6 months ago

Nigeria’s Inflation Rate Jumps To 33.2%

The National Bureau of Statistics (NBS) has revealed that Nigeria’s inflation rate increased to 33.2% in March 2024. The new…

6 months ago

Report Names Naira Best-Performing Currency In April

A report by a global investment banking, security and management firm, Goldman Sachs has named Naira the best-performing currency in…

6 months ago

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