Rahma Oladosu

‘Nigeria’s Debt Now N87.91trn’

'Nigeria’s Debt Now N87.91trn'   Nigeria’s total public debt rose marginally by 0.61 per cent quarter-on-quarter to N87.91trn in the third quarter of 2023. This is according to new debt stock data from the Debt Management Office (DMO) released on Wednesday. According to...

Tinubu Okays 50% Reduction in Transport Fare Nationwide

Tinubu Okays 50% Reduction in Transport Fare Nationwide President Bola Tinubu on Wednesday approved a 50 per cent slash in price of interstate transport fare for Nigerians traveling during the yuletide from Thursday, December 21, 2023 to January 4, 2024. This...

PRNigeria Ladies Condemn Media Stereotypes, Say Nigerian Women are not Unfaithful

PRNigeria Ladies Condemn Media Stereotypes, Say Nigerian Women are not Unfaithful   PRNigeria Ladies, an advocacy group of Image Merchants Promotion Limited (IMPR) - publishers of PRNigeria, Economic Confidential and other titles - have condemned what they described as the "dangerous...

Port Harcourt Refinery Ready This Month – NNPC

Port Harcourt Refinery Ready This Month - NNPC The end of December timeline for mechanical completion of the Port Harcourt Refinery Company (PHRC) remains sacrosanct, says the Nigerian National Petroleum Company Limited (NNPCL). “We have said from time that by the...

Cash Crunch Persists Amid N3.4trn in circulation

Cash Crunch Persists Amid N3.4trn in circulation As current naira scarcity enters its third week, economic experts including Dr Muda Yusuf, CEO of the Centre for Promotion of Private Enterprise (CPPE) has asked the Central Bank of Nigeria (CBN) to...

Naira Appreciates By 23.5% Despite Rising Inflation

Naira Appreciates By 23.5% Despite Rising Inflation   Despite Nigeria’s headline inflation rate nearing 30 per cent, the Naira appreciated 23.5 per cent leading to projections by experts that FX liquidity conditions are expected to remain tight, pending receipt of expected...
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