Sectoral interventions save Nigeria N1.3tn annual import bill – CBN
The Central Bank of Nigeria (CBN) has said its interventions in key sectors of the economy through its development finance ...
Friday, June 26, 2026
Tag: Nigeria’s economy
Nigeria owes IOCs $3.501bn in cash-call – NEITTI
Nigeria has significantly reduced the accumulated debt it owes International Oil companies (IOCs) for cash-call for oil and gas production ...
68% of Nigeria’s N25.7tn debt is domestic – DMO
The Debt Management Office has said out of Nigeria’s total debt profile of N25.7tn as of June 2019, external borrowing ...
Investors gain N23bn as market sentiment closes positive
Omobayo Azeez Investors in the Nigerian equities market rounded up trading activities on Tuesday with a gain of N23 billion ...
Investors lose N57bn as bears take centre stage
By Omobayo Azeez The equities market shed N57 billion on Wednesday, mostly brought about by losses incurred by 15 stocks. ...
693 agric projects aided with loans of N101bn by NIRSAL
Since its incorporation in 2013 by the Central Bank of Nigeria, a total of N101bn has been facilitated by the ...
Lack of rail transport in seaports worries NPA
By Samson Echenim Absence of rail transportation system in Nigerian ports has continued to be a source of worry to ...
Hard times emerges in states as revenues shrink, wage bills rise
Investigations showed in the last four months, states’ allocations from the Federation Account had been on the decline. It was ...
NCC to punish telecom operators for ignoring customers’ complaints
Telecom operators who fail to attend to their customers’ complaints within 24 hours will have to face the wrath of the ...
Federal Government reimburses states N157.3bn in tax arrears
The Federal Government of Nigeria has paid N157.35 billion to all the states in the federation. The money represents pay-as-you-earn tax liabilities ...
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