ECONOMY

Nigerian Stock Market Opens Week With 0.02% Growth - Trading activities at the Nigerian stock market opened for a new week on Monday on a positive note with a marginal 0.02...

Brent Climbs above $77 after OPEC+ Output Plans Fail - Brent crude oil rose above $77 a barrel for the first time since 2018 on Monday after oil producers under the...

Nigeria’s foreign investments declines as capital inflow drops - Total foreign investments in Nigeria suffered a huge blow in 2020 as the overall value of capital inflows for the year decreased...

Nigerian naira Trades N411.13/$1 at I&E - The local currency appreciated against the US Dollar on Monday by 12 kobo or 0.03 per cent to begin the new week in the...

Nigeria plans to increase debt profile to N48trn by 2024 - If everything goes as planned, Nigeria’s total debt will grow to N48 trillion by 2024. This is going by the...

Naira devaluation will shoot fuel subsidy to N7.1b per day - The devaluation of the naira from N379/$ to N411/$ will push the daily subsidy on petrol to N7.1 billion as...

Massive entry for 4th National MSMEs Awards excites Osinbajo - Vice President Yemi Osinbajo says the large number of entries received for the 2021 National Micro and Small and Medium Enterprises...

COVID-19: How small businesses can access CBN’s N150b loan - Small and Medium Scale Enterprises (SMEs) affected by Covid-19 can approach the Central Bank of Nigeria for a loan to...

CBN begins first batch disbursement of N50bn NIRSAL COVID-19 loan - The Central Bank of Nigeria (CBN) through the Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank...

FAAC May 2021: FG, States, LGAs share N605.958 billion - The Federation Accounts Allocation Committee (FAAC) has shared N605.958 billion as Federation allocation for May, 2021. From this amount, inclusive cost...