FG Says N21trn Required To Bridge 28m Housing Deficit   The amount required to fund the housing sector in Nigeria and bridge the estimated 28 million housing deficit across the country is N21tn, the Federal Government has stated through its Bank...

Multiple Exchange Rates Affecting FDIs In Nigeria, Says NESG   The Nigerian Economic Summit Group (NESG) has identified multiple exchange rates as one of the major limitations to attracting tangible Foreign Direct Investments (FDIs) into Nigeria. The disclosure was part of a...

Bakers Plan Fresh Hike Over Cost Of Materials   Bakers, under the aegis of the Premium Bread Makers Association of Nigeria (PBMAN) have warned of yet another hike in prices of bread due to the skyrocketing cost of baking materials. President of...

Foreign Portfolio Investments Rose By 10% In H1, 2022   Foreign investors’ participation in the nation’s investment market saw a modest recovery in the first half with proportionate increase in inflows from global investors. The latest report on foreign portfolio investments (FPIs)...

FG To Implement Telecoms, Beverage Taxes Next Year   The Federal Government through the Budget Office of the Federation has revealed that it will begin the implementation of its proposed excise duties on telecommunication services and beverages in 2023. This is despite...

Aside N41trn Public Debt, FG Owes CBN $47bn - Report   The federal government has confirmed that the Central Bank of Nigeria (CBN) is being owed N20 trillion ($47 billion), which is yet to be added to the country’s outstanding public...