Nigeria’s inflation driven by transport cost — Finance minister

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has hinged the country's increased inflation on the cost of...

Nigeria now ranks 146 out of 180 countries in Transparency International’s Corruption Perception Index

Nigeria now ranks 146 out of 180 countries in Transparency International's Corruption Perception Index. Steve H. Hanke,...

FG seeks fresh $1.2bn loan from Brazil

The Federal Government of Nigeria is seeking a loan of $1.2bn from Brazil to finance agricultural programmes in the 2021...

Nigeria debts will hit N38.68trn in 2021 – Finance minister projects

The total public debts of Nigeria is projected to hit N38trn by December 2021, the Minister of Finance, Budget and...

Plateau lost N75bn to looters -Gov Simon Lalong

Following the aftermath of the #EndSARS protest were looters vandalised both government and private properties, the Plateau state government has...

China’s economy grows 4.9% amid covid-19 pandemic

The Chinese economy has grown as much as 4.9% in the last quarter of 2020, despite the coronavirus pandemic that...

We will reopen land borders soon – Vice President Yemi Osinbajo

Vice President Yemi Osinbajo says the federal government is currently working towards reopening Nigeria’s land borders. Recall that...

Bear with us, suspend nationwide strike – Lai Mohammed pleads with NLC

Lai Mohammed, minister of information and culture has pleaded with the Nigerian Labour Congress to call off its strike scheduled...

Nigerians react as FG approves $1.96 billion for construction of rail from Kano to...

Nigerians have reacted to the Federal Government's approval of $1,959,744,723.71 contract for a rail line that would link Nigeria to...

“I did not hand over a collapsed nation to Buhari” – Goodluck Jonathan lists...

Former President, Goodluck Jonathan has replied his critics who accused him of handing over a nation at the verge of...

The prices of food items are coming down – Garba Shehu

Garba Shehu, the Special Assistant on President Buhari on Media and Publicity, says contrary to public opinion, the prices of...

Nigeria’s economy enters negative growth

Nigeria’s economy has entered a negative growth as confirmed in a new report released by the National Bureau of Statistics...

Naira crashes badly against Dollar; see latest exchange rate

The scarcity of dollars at the parallel market on Tuesday in Lagos forced the naira down to N480 to a...

There will be no new projects in Nigeria in 2021- FG

Ministries, departments, and agencies (MDAs) have been directed not to make plans for new projects in 2021 by the federal...

‘Sovereignty terms inserted in Chinese loans are dangerous’ – Reps engage Amaechi in war...

The House of Representatives has tackled Nigeria's Minister of Transportation Rotimi Amaechi over the sovereignty clause in Nigeria’s loan agreement...

There’s nothing bad in borrowing- Lai Mohammed

As Nigerians continue to express worry over the nation's increasing debt profile in China and other countries, the Minister of...

Nigeria’s unemployment rate rises to 27.1%

Nigeria's unemployment rate increased to 27.1 percent in the second quarter of 2020 from 23.1 percent recorded in Q3 2018....

Ireland and FG sign MoU to return €5.5m Abacha Loot

The federal government and Ireland have signed a memorandum of understanding to return €5.5 million looted by Sani Abacha, a...

Fund BDC to stabilize Naira – Sanusi tells CBN

Former Emir of Kano, Sanusi Lamido Sanusi has asked the Central Bank of Nigeria (CBN) to fund the bureaux de...
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