Capital importation rose by 224 percent year-on-year, YoY, to $9.04 billion in the first 10 months of 2024 (10m'24) from $2.9 billion in the same period of 2023, indicating increased foreign ...

As Nigeria concludes its 2024 fiscal year, one of the most remarkable economic trends is the sustained growth of remittances from its vibrant diaspora community. With an estimated $23.4 billion in ...

In an era marked by economic volatility, ethical lapses, and mounting mistrust in financial institutions, it is imperative ...

The Central Bank of Nigeria (CBN) has introduced the non-resident Nigerian ordinary account (NRNOA) and non-resident Nigerian ...

Uche Uwaleke has said the attempt to include illegal activities in GDP computation could legitimise such activities.

The loan dispute between General Hydrocarbons Limited (GHL) and First Bank of Nigeria Limited (FBN) has escalated into a ...

CBN says exporters will no longer be granted extensions past the stipulated timelines. All oil and gas export proceeds must ...

The Federal Government spent a staggering N8.94 trillion on debt servicing during the first nine months of 2024.

Subomi Okoya, son of billionaire businessman Razaq Okoya, has publicly apologized to the Nigeria Police Force (NPF) and ...

The Federal Government spent N8.94 trillion on debt servicing in the first nine months of 2024, accounting for 47% of ...

Analysis is showing that the federal government spent almost half its 2024 budgets on debt servicing. Also, money spent on ...