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Economy
1086 posts
IMF warns of imminent global economic recession
. Says Nigeria to maintain 3.4% GDP despite rising inflation Clara Nwachukwu The International Monetary Fund (IMF) has…
DMO says improved revenue crucial to debt sustainability, surplus budgeting
The Debt Management Office (DMO) has advised the Federal Government to make efforts to balance its annual budgets…
BudgIT raises concern over poor performance of 2022 budget
BudgIT, a transparency and accountability body, has expressed concerns over the poor fiscal performance of the Federal Government’s…
How to close the gap between sustainability and profitability
New research has highlighted the challenges most organisations face with balancing sustainability and profitability. A study by Oxford…
LCCI cautions FG against ban on mining activities, commercial motorcycles
The Lagos Chamber of Commerce and Industry (LCCI) has asked the federal government to reconsider its decision to…
FG to spend N6.7trn on fuel subsidies in 2023
The Federal Government yesterday said it plans to spend about N6.72trillion fuel subsidies in the 2023 fiscal year,…
CBN clarifies stand on illicit conversion of currency
The Central Bank of Nigeria (CBN) has clarified the statement made by the Governor, Godwin Emefiele, at Tuesday’s…
Biden announces U.S.-Africa summit for mid-December
President Joe Biden announced on Wednesday that the United States will bring together leaders from across the African…
Why MPC will continue to tighten rates by Emefiele
. As Committee increases MPR to 14% Clara Nwachukwu The Monetary Policy Committee (MPC) of the Central Bank…
Nigeria’s food inflation rises to 20.60%, as CPI hits 5-year high
Nigerians paid more for food items, as food inflation rose to 20.60% in June, even as composite price…