Naira Redesign: In 7 Days, I’ll Take A Major Decision – Buhari President Muhammadu Buhari has implored citizens to give him seven days to resolve the cash crunch that has become a problem across the country from the policy of the Central Bank of Nigeria...

Naira Redesign: Emefiele Should Resign - Basorun Second Republic Secretary to Lagos State Government (SSG) Olorunfunmi Basorun yesterday asked Central Bank of Nigeria (CBN) Governor Godwin Emefiele to resign for taking Nigeria for a ride. He said the CBN policy of currency swap had crippled commercial...

Forex Shortage Likely to Persist Over Polls - Coronation A prediction by Coronation Merchant Bank has suggested that the foreign exchange liquidity crisis affecting the economy will persist for some time. The Chief Economist of Coronation bank, Chinwe Egwim revealed this via a statement on Wednesday...

Buhari Inaugurates Ministry Of Finance Board, Governing Council   The President Muhammadu Buhari on Wednesday, inaugurated the Governing Council, Board of Directors and the Executive Management Team of the Ministry of Finance Incorporated, at the council chambers of the State House, Abuja. At the official launch which...

IMF Says Nigeria’s Economic Growth May Shrink To 2.9%   Nigeria’s economic growth is predicted to shrink by 0.3 percentage points from 3.2 per cent in 2023 to 2.9 per cent in 2024, according to the International Monetary Fund (IMF). This is as the global money lender...

Nigeria’s Public Debt Rises By 2.9% To N44.06trn In Q3, 2022   Nigeria’s public debt stock stood at N44.06 trillion ($101.91 billion) in the third quarter of 2022 (Q3’22), which is 2.85 percent higher than the N42.84 trillion recorded in Q2’22. The National Bureau of Statistics (NBS)...