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Business

Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.

Breaking: Nigerian Inflation Hits 20.52 In 2022

The National Inflation rate has hit 20.52 percentage in August, 2022. The Consumer Price Index (CPI) which measures inflation rose to 20.52 per cent year on…

Folarin Kehinde

FG Approves Nigeria-Kuwait Air Deal

The Federal Government’s, Federal Executive Council (FEC) has approved the signing of a Bilateral Air Services Agreement between Nigeria and Kuwait. Minister of Aviation, Hadi Sirika,…

Folarin Kehinde

Why Nigeria Is In Debt

The Director-General of the Debt Management Office, DMO, Mrs. Patience Oniha, yesterday attributed Nigeria high debt profile to lack of revenues and approval of the annual budget…

Folarin Kehinde

Buhari Running Economy On Borrowed Money

The Buhari government is proposing a N19.49 trillion budget for the year 2023. More than half of the money is to be borrowed. To finance the…

Folarin Kehinde

Risevest CEO Resigns Over Sexual Misconduct

Risevest Chief Executive Officer and founder, Eke Urum, has stepped down to allow investigation into his alleged sexual misconduct. The company disclosed this on Tuesday as…

Folarin Kehinde

A Report On SMEDAN Boss Address To Journalists

The last report of the SMEDAN/NBS National Survey of the Micro, Small and Medium Enterprises (MSMEs) put the total number of enterprises in the sub-sector at…

Folarin Kehinde