Net Forex Inflow Hits $7.2bn, Up by 24%   The net foreign exchange inflow through the economy rose quarter-on-quarter (QoQ) by 24.7 percent to $7.2 billion in the first quarter of 2023 (Q1’23), from $5.78 billion in the preceding quarter, Q4’22. The...

W/Bank Delays $8.6bn Loan To Nigeria, Report Says   Nigeria has about $8.25bn undisbursed World Bank loan as of July 2023. This was based on data obtained from the Summary Statement of Loans/Credit/Grants on the website of the World Bank. A breakdown further...

From the Visit to Vice President Shettima, by Fatima Sanda Usara   In the world of diplomacy and intergovernmental relations, successful visits and meetings are the lifeblood of effective governance and collaboration. One such notable achievement was witnessed recently when a...

Gov Abba Flags-Off Palliatives Distribution to 500,000 Households in Kano   Determined to ease the effects of economic hardship occasioned by the removal of fuel subsidy and fullfill campaign promises, Kano state Governor, Alh Abba Kabir Yusuf has launched the distribution...

Sanusi: Buhari Crippled Economy with Debts as Inexperienced Boy Bought Private Jet Under Him   Former Emir of Kano, Muhammadu Sanusi II, has said former President Muhammadu Buhari-led administration treated the economy without recourse to experts’ advice. The former governor of the...

External Reserves Marginally Gained $1.87m in August   In August 2023, Nigeria’s external reserves experienced a slight uptick of $1.87 million, thanks to the policies implemented by the Central Bank of Nigeria (CBN) aimed at stabilising the foreign exchange market. The external...