Economy

Third-quarter country debt data released by the Debt Management Office indicate that Nigeria’s debt stock has risen to ₦32.223 trillion as at September 2020. According to the DMO, Nigeria’s debt stock grew by ₦1.214 trillion between...

President Muhammadu Buhari has directed the National Agency for Science and Engineering Infrastructure, NASENI, to deploy all refurbished tractors to farmers. The Vice-Chairman of NASENI, Professor Mohammed Sani Haruna, told State House correspondents in Abuja on...

The Federal Government says electricity consumers who paid for meters under the Meter Asset Provider (MAP) scheme, will have a refund of their money. According to a report from Punch, this disclosure was made by the...

The tightened gridlock at the Nigerian Ports has become severe to the point that it allegedly costs more than $4,000 to truck a container 20km to the Nigerian mainland in recent times, a charge which is...

Nigeria has maintained its lead as Africa's biggest economy in terms of Gross Domestic Product (GDP). According to World Economic Outlook (WEO) recently released by the International Monetary Fund (IMF), Nigeria ranked as the 26th largest...

The Peoples Democratic Pary PDP has called on President Muhammadu Buhari to resign, stressing that his administration has wrecked the nation’s economy. The opposition party in a statement issued by its National Publicity Secretary, Kola Ologbondiyan...