Friday, July 31, 2026
Nigerian railway services revenue jumps to N1.08bn in Q2 2021, NBS reports
The Nigerian Railway Corporation (NRC) generated N1.08 billion revenue from passenger services and cargo operations in the second quarter of...
Read moreDetailsNigeria’s bilateral debt rises by 145% in 5 years, hits $4.06bn in 2020
Nigeria’s accumulated bilateral debt rose by 144.58 percent to $4.06 billion in the five years from December 2015 to December...
Read moreDetailsBamboo runs out of cash after CBN account freeze, gets court reprieve
Court allows variation of freeze ruling CBN offers no objection An accounts freezing action taken by the Central...
Read moreDetailsOil-rich Bayelsa, despite huge FAAC hauls, among 8 of Nigeria’s poorest states – report
Can’t survive without FAAC disbursements With IGRs of less than 10%, states are insolvent Bayelsa, one of Nigeria’s...
Read moreDetailsBears back on bonds, Naira improves at I&E window, but flat at N532 in streets
FX Market The Naira held steady at N532 per dollar at the parallel market for the second day after it...
Read moreDetailsNNPC begins preparations for IPO in 2024, reveals CEO Kyari
The Nigerian National Petroleum Corporation (NNPC), has set a three year target date for its public listing, giving strongest hints...
Read moreDetailsInsurance offers economic stability, we’ll support its growth, says President Buhari
Tasks operators on innovation President Muhammadu Buhari has assured of the full commitment of the federal government in...
Read moreDetailsNIMASA puts cost of maritime insecurity to Nigeria at $793.7m
Nigeria’s maritime sector has been undermined by insecurity challenges in the Gulf of Guinea (GoG), resulting in an economic cost...
Read moreDetailsWealth advisor shares reasonable small actions to tackle food inflation
With Nigerian food inflation at about 20 percent, pushing up headline inflation of 17.5 percent presently, coupled with poor agricultural...
Read moreDetailsBDCs lament FX scarcity but CBN ban creates loophole for creative sourcing
Severe scarcity, unmet supplies drag Naira down to N530/$ on Thursday Bureau de change (BDC) operators in the...
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