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PWC, Finance Expert Slam FG Over N121.6tn Debt, Says Deficit Above Fiscal Responsibility Act Limit

PricewaterhouseCoopers International Limited (PWC) has raised the alarm that Nigeria’s public debt hit N121.67tn in the first quarter of 2024, saying that the country’s...

Business

Nigeria’s Push To Attract Investments May Be Frustrated By CBN’s Cash Repatriation Restriction- Analyst

Regulatory authorities in the Nigerian oil and gas sector have up their games in scouting for new investors in the country’s oil-rich economy but...

Business

Tinubu’s Administration Renege On Plans Not To Borrow, Takes $4.1bn Loan In One Year

On August 9, 2023, President Bola Ahmed Tinubu inaugurated a tax committee with mandate to raise revenue because his government inherited a ‘bad government’...

Business

Tinubu’s Administration Renege On Promise Not To Borrow, Takes $4.1bn Loan In One Year

On August 9, 2024, President Bola Ahmed Tinubu inaugurated a tax committee with mandate to raise revenue because his government inherted a ‘bad government’...

Business

CBN’s Interest Rate Hike Will Trigger Massive Unemployment, Hardship-Expert

The Central Bank of Nigeria (CBN) raised rates by 400 basis points to 22.75 per cent on Tuesday as it searches for a soft...

Business

Minimum Wage Review Will Not Ease Hardship If FG Fails To Fix Economic Problems — Alaje

Nigeria’s economic hardship has become a a major issue for the less-than-a-year-old administration of President Bola Tinubu and experts like the Senior Partner of...

Business

Floating Naira Worst Economic Decision Since 1999— Economists React As $1 Sells For Over N1,420

Some Nigerian economists have said that the foreign exchange policy of floating the naira which was introduced by the Central Bank of Nigeria last...

Business

Why We Lifted Forex Ban On Cement, Rice, 41 Other Items- CBN

The Central Bank of Nigeria has released an explainer to defend its action of lifting foreign exchange restrictions on the 43 items excluded from...

Business

State Of Nigeria’s Economy Worrisome – Paul Alaje

Paul Alaje, a Senior Partner at SPM Professional has said that the state of the country’s economy calls for sober reflection.He made the comment...

Business

INTERVIEW: Nigeria’s Resources From Gold Can Increase Foreign Exchange Reserves To $60bn If Properly Harnessed —Alaje

Nigeria is looking for a way out of its current economic quagmire and the Bola Tinubu-led government has set out policies. In this interview...

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