Buhari to delay financial autonomy for states’ legislature, judiciary
President Muhammadu Buhari has succumbed to pressure from governors of the 36 states of the federation to slow down the implementation
CBN predicts negative economic growth in second quarter
The Central Bank of Nigeria has predicted negative gross domestic product growth for the country in the second quarter of 2020 owing
Nigeria records 1.87% growth in Q1
Nigeria’s gross domestic product (GDP) grew by 1.87 per cent (year-on-year) in real terms in the first quarter of 2020 (Q1 2020), the
Nigeria tells IMF of intent to have unified, flexible exchange rate
Nigeria has vowed to seek a more flexible and unified naira to respond to the external shock brought by the coronavirus pandemic,
CBN grants businesses one-year extension on loan repayment
The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of coronavirus on the businesses and the nation’s
Policy uncertainty weakens Nigeria’s economic outlook – World Bank
Uncertainty over the direction of the federal government’s policies has weakened Nigeria’s economic outlook, according to the World
Nigeria has lost $400bn to foreign havens, says Malami
Nigeria has lost over $400bn to offshore havens, said Abubakar Malami, the attorney-general of the federation and minister of justice
Nigeria falls short of economic growth expectation – IMF
The International Monetary Fund has said oil-dependent economies, including Nigeria, continue to fare less than countries reliant on
Senate probes CBN over N20tn unremitted stamp duty
The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20tn into the Federation Account by the
APC govt inherited $63.8bn debt, not $7bn, says DMO
The Debt Management Office (DMO) has debunked a recent statement reportedly made by. Obadiah Mailafiya, a former deputy governor of