Tinubu Committed to Transforming Economy from Oil Dependence to Agriculture, Technology - SGF By Nafisat Bello The Secretary to the Government of the Federation, George Akume, has said the present administration is poised to transform the country's oil dependent economy into vibrant agriculture and technology driven...

CBN Will Spend $3bn Loan to Stabilise Economy – NEC The National Economic Council on Thursday affirmed that the $3bn emergency loan-for-crude oil the Federal Government secured in August would be deployed to stabilise the naira, whose value has continued to fluctuate in the Investors...

Net Forex Inflow Hits $7.2bn, Up by 24%   The net foreign exchange inflow through the economy rose quarter-on-quarter (QoQ) by 24.7 percent to $7.2 billion in the first quarter of 2023 (Q1’23), from $5.78 billion in the preceding quarter, Q4’22. The Central Bank of Nigeria, CBN,...

Sanusi: Buhari Crippled Economy with Debts as Inexperienced Boy Bought Private Jet Under Him   Former Emir of Kano, Muhammadu Sanusi II, has said former President Muhammadu Buhari-led administration treated the economy without recourse to experts’ advice. The former governor of the Central Bank of Nigeria (CBN),...

Insurance Firms, Banks Others Contribute N1.72trn To Economy   Banks, insurance companies and other financial institutions contributed N1.72 trillion to the nation’s real Gross Domestic Product (GDP) in the first half of the year, H1’23. This represents 27 percent year-on-year YoY growth from the N1.35 trillion contributed...

On Economic Challenges and How States Should Utilize the N5bn Palliative, by Jamilu M Ja’afaru   No doubt. This is not good season for majority of Nigerians as they continue to battle multidimensional poverty, misery, high cost of living and pressures exacerbated by the ripple effects...