China is concerned that Nigerians, many living below the poverty line, continue to grapple with grinding penury. “We have lifted more than 700 million people out...
Nigeria’s economy has officially entered its second recession in five years. This is according to official figures published on Saturday by the National Bureau of Statistics,...
Vice President, Yemi Osinbajo, has said the adverse effect of COVID-19 pandemic has greatly affected revenue and foreign-exchange earnings in Nigeria. Osinbajo said this on Monday,...
The House of Representatives has received another letter from President Muhammadu Buhari seeking approval of his decision to borrow another $5.513bn. The letter was read on...
Nigeria’s Minister of Finance, Zainab Ahmed, has said Nigeria is on the verge of going into recession. According to her, this is due to the negative...
Northern Elders Forum (NEF) has said that President Muhammadu Buhari has failed the country, saying poverty, particularly in the North and massive social insecurity have worsened...
Former President Olusegun Obasanjo has said Nigeria risks impending bankruptcy over the continuous accumulation of debt by the government. Obasanjo said things might get worse economically...
The Central Bank of Nigeria (CBN) has reviewed downward electronic transfer and ATM fees as well as card maintenance fees. The new charges were contained in...
Former Minister of Defence and Elder Statesman, Lt. Gen Theophilus Danjuma (retd), on Thursday lamented over the deteriorating state of the country. Danjuma, who spoke at...
Mrs. Aisha Buhari, Nigeria’s First Lady, has said President Muhammadu Buhari cannot run the country alone. While noting that things are getting out of control with...
President Muhammadu Buhari has asked the 9th Senate to approve the sum of $22.72 billion loan, after making a similar request three years ago to the...
President Muhammadu Buhari has said Nigeria has no reason to remain underdeveloped. According to him, embracing growing technology, is a way os boosting the country’s economy....
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says if border closure is sustained for the next two years, issue of insurgency,...
President Muhammadu Buhari has said that a significant proportion of Nigeria’s prosperity is concentrated in the hands of a few people in the country. The President...
President Muhammadu Buhari has taken charge of his government, unlike his first term were he delegated powers to his vice, Professor Yemi Osinbajo to make decisions...
Zainab Ahmed, minister of finance, budget and national planning, says the federal government is working towards growing the nation’s economy at a similar pace with China’s....
The prices of goods in Nigeria is expected to shoot up as the Federal Executive Council (FEC) has approved a 2.2 per cent increase in Value...
The European Union (EU) has hinted that it is not possible to solve all the problems in Nigeria with international donors cooperation. It said the country...
Commerce Association says that more than half of the surviving firms are “ailing”. At least 800 companies closed shop in Nigeria between 2009 and 2011, due...