Naira, Two Others Worst Performing Currencies in 2024 – Bloomberg The naira has emerged as the worst-performing currency in the world in the first half of 2024. According to a report by Bloomberg on Friday, devaluation, insufficient dollar liquidity, and market volatility have hindered efforts by...

Cardoso: A Timely Advocacy for Transparency, Accountability in Nigeria’s Debt Management  By Abdulrahman Abdulraheem Nigeria is regarded as one of the potentially wealthy and resource-rich countries in the world even though the huge potential is yet to translate into real economic prosperity for the nation. Just...

Disbursement of N150bn MSMEs Loan to Commence in July The Federal Government on Thursday said the disbursement of N150bn loans to micro, small and medium enterprises and manufacturers would commence by the end of July. It also disclosed that 60 per cent of the proposed one...

FG to Offset 50% CNG Conversion Cost per Transporter The Federal Government, on Thursday, met with transporters and stakeholders in the transportation sector in a bid to accelerate the adoption of Compressed Natural Gas and reduce the use of Premium Motor Spirit, popularly called petrol. At...

150 Banks Show Interest in Consumer Credit Scheme, 40,000 Workers to Receive First Tranche About 150 banks have expressed interest in participating in the lending ecosystem for the newly launched Consumer Credit Scheme. This was disclosed by the Special Assistant to President Bola Tinubu on social...

FG Approves $1bn for Agricultural Mechanisation, Rolls Out Massive Construction Projects President Bola Tinubu on Thursday gave all the state governors seven days to provide concrete feedback on their plans to rev up food production in their respective states. Tinubu gave the directive at the 142nd...