Economic stakeholders want productivity to solve forex crisis
Economic stakeholders have identified productivity as the solution to the current foreign exchange crisis facing the country. They expressed this view during a breakout session
Category : Finance
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Urgent actions required to moderate new borrowings, ensure debt sustainability – DMO
The Debt Management Office (DMO) says there is urgent need for the Federal Government to moderate the rising trend of borrowings to ensure debt sustainability.
Nigeria has sufficient dollars to service rising debts, says Fitch
Nigeria’s debt service costs will continue to rise in the short to medium term, but the country has enough dollar liquidity to service the debts
Reps panel summons FIRS Chairman over alleged tax evasion by Oil companies
The House of Representatives Ad hoc Committee Investigating the Structure and Accountability of Joint Venture (JV) Business and Production Sharing Contracts (PSCS) of Nigerian National
CBN pledges inclusion of unbanked persons as cash deposit increases
The Central Bank of Nigeria (CBN) has lauded the increased deposit of cash in the banks and financial institutions across the country. The Director, Corporate
Report: floods to trigger continuous rise in Inflation through 2022
Following the massive flooding that raved several states in the country, analysts have predicted that the impact will further worsen the inflationary pressure in the
Budget deficit: FG borrows N2.94trn from debt market in 11 Months
The federal government between January and November of 2022 borrowed a sum of N2.94trillion through FGN Bond Market to finance the 2022 budget deficit, bond
Unity Bank partners firm to empower youths with digital skills
Unity Bank Plc has partnered with Kitian training hub, an Ibadan-based career advice and skills acquisition training centre to empower no fewer than 300 youths
Inflation Rises to 21.09%
The Consumer Price Index (CPI) which measures the change in prices of goods, increased to 21.09 per cent year on year in October compared to
Forex crisis hits truckers, slows operations
As the effect of the high exchange rate bites harder, truckers operating in the nation’s maritime sector have lamented the reduction in activities at the
