Friday, November 6, 2026
IMF warns US-China trade war will ‘jeopardize’ 2019 global growth
The IMF warned Thursday that the escalating US-China trade war will “jeopardize” 2019 global growth, undermining confidence and raising prices...
Read moreDetailsTelecoms sector attracts $70b investment
Total investments into the telecoms sector currently stand at $70billion, the Nigerian Communications Commission (NCC) said today in Lagos. Speaking...
Read moreDetailsFG allots N532.65 million to 515 subscribers in May savings bond
The federal government says it allotted N532.65 million to 515 subscribers through the sale of savings bond in May. The...
Read moreDetailsNBS: FG received N257.76bn from FAAC in April
The National Bureau of Statistics (NBS) on Thursday revealed that the federal government received N257.76 billion from Federation Account Allocation...
Read moreDetailsElectricity generation falls to 2,616MW, six plants idle
The nation’s electricity generation plunged to 2,616.7 megawatts on Tuesday, a day after heavy rainfall in Lagos damaged some power...
Read moreDetailsFG, states grow debt by N12.27tn in 42 months
Nigeria’s debt profile rose by N12.27tn between June 2015 and December 31, 2018, investigation has shown. Data obtained from the...
Read moreDetailsChina’s looming current account deficit will have consequences for us all, says deVere’s investment strategist
Investors need to mitigate the risks of China's looming current account deficit, coming at a time of ballooning U.S. budget...
Read moreDetailsExcess Oil Revenue: CBN warns govt against ‘spending spree’
With crude oil price rising steadily above benchmark level approved in the 2019 budget, the Monetary Policy Committee (MPC) of...
Read moreDetailsFAAC shares N 616.198 b to federal, states, LGs
The Federation Accounts Allocation Committee (FAAC) has shared a total of N616.198 billion to the three tiers of government from...
Read moreDetailsN8.1tn bad loans: MPC urges CBN to develop recovery framework
The Monetary Policy Committee of the Central Bank of Nigeria has directed the apex bank to develop a comprehensive administrative,...
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