Economy

President Muhammadu Buhari will on December 21 meet with heads of state of ECOWAS member countries to discuss issues regarding the implementation of the single currency regime. The meeting, which will hold at the ECOWAS Secretariat in…

The Director-General of the Debt Management Office (DMO), Ms. Patience Oniha, said on Friday domestic borrowing accounts for 68 percent of Nigeria’s total debt profile of N25.7trillion as of June this year. External borrowing, according…

On November 8, the country’s electricity grid recorded a partial collapse as it dropped from 4,735.8MW to 429.5MW. The total amount of power on Nigeria’s grid collapsed from a peak of 4,735.8 megawatts on Friday to as low as 145MW on…

A bill for an Act to introduce tax on communication and cable television services scaled first reading at the Senate on Wednesday. The introduction of the tax, it was learnt, was to replace the 2.2 per cent increase in the…

Renowned Islamic scholar and preacher, Sheikh Ahmed Gunmi, on Thursday, lamented what he described as serious damage to the Nigerian economy. He stated, that the damage done to the economy by the administration of President…

The Federal Government says it will set up a committee in the coming week to review the revenue sharing formula for Federal, States and Local Governments due to current economic realities. The Chairman, Revenue Mobilisation…

I know Most of You don't know the meaning of Nigeria dollars, yuan swap with China.. And why American government is desperately smoothing the relationship with Nigeria. Soon you will be buying that techno phone you bought at…

FG Laments Over Lack Of ECOWAS Protocols Implementation The Federal Government has bemoaned lack of full implementation of the Economic Community of West States (ECOWAS) Protocols. The Minister of Foreign Affairs,…