Economy
It’s always about the economy, stupid…
Nigeria’s Debt Hits N42.8 Trillion In June 2022
Nigeria’s total public debt stock rose from N41.60trillion (100.07 billion dollars) in March to N42.84trillion (103.31 billion dollars) in June.
The Debt Management Office, DMO,...
Nigerian Gov’t To End Petrol Subsidy In June 2023
The House of Representatives Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022, on Thursday, August 18, 2022, grilled...
World Bank Reveals Terrifying Details About Nigeria’s Economy Under Buhari [LOOK]
In light of Nigeria’s dwindling revenue, the continued payment of trillions of naira on fuel subsidy by the government, and the attendant economic challenges,...
Senate Summons CBN Governor, Emefiele Over Depreciation Of Naira
The Senate has summoned Godwin Emefiele, the Governor of the Central Bank of Nigeria, over the depreciation of the naira.
Reports revealed the United States...
BREAKING: Naira Crashes To N710 To $1
Despite starting the day at N675/$1, the exchange rate between the Naira and the US dollar on Wednesday fell beyond the N710/$1 threshold on...
Nigeria’s Inflation Hits 18.6%, Seventh Consecutive Month Increase
Nigeria’s inflation rate recorded a seventh consecutive monthly rise to 18.6 percent in June.
This represents a 0.9 percent point rise when compared to 17.7...
Nigeria’s Public Debt Hits 50-Year High – World Bank
The World Bank Group has said that public debt in Nigeria and other low- and middle-income countries is now at a 50-year high, which...
Fuel Subsidy: Nigeria Merely Struggling To Service Debts – Buhari Gov’t
Zainab Ahmed, the minister of Finance, Budget, and National Planning, on Tuesday, June 14, 2022, expressed concern that the federal government’s continuous retention of...
CBN Increases Monetary Policy Rate To 13%
The Central Bank of Nigeria, CBN, has raised the Monetary Policy Rate, MPR, from 11.5 per cent to 13 per cent, citing aggressive inflationary...
Nigeria’s GDP Records 3.11% Growth In First Quarter
Nigeria’s Gross Domestic Product, GDP, grew by 3.11 percent (year-on-year) in real terms in the first quarter (Q1) of 2022, the National Bureau of...
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‘You said she will die’: Actress Halima Abubakar’s Family Calls Out Apostle Suleman Over Her Sickness (PHOTO)
The family of Nollywood actress, Halima Abubakar, has called out controversial Nigerian clergyman, Apostle Johnson Suleman as her sickness worsen.
This comes days after the actress exposed...
