CBN Approves N2.1trn For Manufacturing, Agric, Healthcare   The Central Bank of Nigeria (CBN) has released N2.1 trillion to support the real sector of the economy, the bank announced at the weekend. The intervention fund sheet of the apex bank said the...

2023 Budget: Reps Commence Second Reading, Debate Estimates   The House of Representatives will on Wednesday (today) commence the second reading of the 2023 Appropriation Bill, with members expected to debate the general principles of the Federal Government for the next...

NNPC Targets $25bn Gas Pipeline Deal   The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, has said that an investment decision on the $25bn gas pipeline from Nigeria to Morocco that could supply the commodity to...

IMF Lowers Nigeria’s Economic Growth Projection To 3.2%   The International Monetary Fund (IMF) has lowered Nigeria’s 2022 economic growth projection to 3.2 per cent. This is 0.2 percentage points lower than the 3.4 percent projected in its July 2022 report. The Washington-based...

Air Travel Increased By 68% In August – IATA   The International Air Transport Association (IATA) has said that air traffic increased 67.7 per cent in August 2022, when compared to what was recorded in the same month in 2021. IATA also...

Credit To Private Sector Hit N62.28trn In Q2, 2021 - NBS   The National Bureau of Statistics (NBS) yesterday said the total credit allocated to the private sector in Q1 2021 stood at N62.28 trillion. According to its report entitled: “Selected Banking...