Manufacturers Owe Banks N3.71trn, Borrow N520bn In Eight Months
Operators in the nation’s manufacturing sector saw their combined debt to Nigerian banks rise to N3.71tn as they borrowed N520bn from January to August.
Banks’ credit to the sector by 16.3 per...
Nigeria Records N18.54trn Real GDP In Q3, 2021
The National Bureau of Statistics (NBS) has said in third quarter (Q3) of 2021, Nigeria recorded N18.54 trillion real Gross Domestic Product (GDP).
Besides, the bureau said in the period under review, the...
W/Bank Projects $17.6bn Diaspora Remittance To Nigeria
The World Bank has projected $17.6 billion Diaspora remittances into Nigeria in 2021, representing 2.5 per cent increase from $17.2 billion recorded in 2020.
The Bank gave this projection in a report titled, “Migration...
Nigeria’s Remittance Inflow Rebounds, Now $17.6bn - W/Bank
Nigeria’s remittance inflow is set to hit $17.6bn and push inflows to Sub-Saharan Africa to $45bn in 2021, a new report by the World Bank has indicated.
Remittance inflow to Nigeria was $17.2bn...
Northern Politico-Economic Agenda 2023: Who Would Be Our Tinubu?, by Abdulhaleem Ishaq Ringim
The title might sound as though the content of the article would be another of those articles drumming support for Asiwaju Bola Ahmed Tinubu’s presidential aspiration. But...
FG Raises Power Tariff December, Begins Free Meters Purchase
Power consumers nationwide may start to pay more for electricity, following plans by the Federal Government to carry out a review of power tariff.
This came as the Federal Government said on...