At the launch of the e-Naira, a lot of Nigerians were not enthusiastic about the innovation as they were skeptical about its workability in the country.

Soludo Suspends Taxes for Heavy-Duty Loading in Anambra The Governor of Anambra State, Prof. Chukwuma Soludo, has suspended tax payments in the transport sector for heavy-duty loading and offloading vehicles. Soludo also approved slashed weekly payments applicable to tricycles (keke), shuttle buses and other transport operators. The...

DMO To Raise N1.2trn Via FGN Bonds In Q1, 2023   The Debt Management Office, DMO, yesterday announced plans to raise up to N1.2 trillion through FGN bonds in the first quarter of the year 2023. The DMO disclosed this in its FGN Bonds issuance calendar for...

National Assembly To Approve N22.7trn Debt Restructuring Tuesday   The Senate President, Ahmad Lawan, has declared the Senate is ready to approve the N23.7tn debt restructuring request made by President Muhammadu Buhari in December last year. The senate also blamed the Minister of Finance, Zainab Ahmed, and...

Despite Liquidity Squeeze, CBN Raises N4.74trn From Treasury Bills   Despite liquidity squeeze in the economy, the Central Bank of Nigeria (CBN) raised a total of N4.74trillion via Nigerian Treasury Bills (NTB) in 2022, representing a decline of 21.64 per cent from N6.05 trillion raised in...

Inflation Falls Slightly, Production Costs Remain High - NBS The National Bureau of Statistics report has indicated that Nigeria’s headline inflation fell from 21.47 per cent in November 2022 to 21.34 per cent in December 2022. In 2022, the country’s inflation rate rose from January to...