The central Bank’s focus is on managing inflation, stabilising prices and effective foreign exchange management. Governor of the bank Olayemi Cardoso at a fireside chat during the Nigeria Economic Summit admitted that indeed, there are still backlogs of forex payments
Barbara Bako, Abuja  Vice president Kashim Shettima has assured that the federal government will continue to work with the Nigerian Economic Summit Group (NESG) to organise the upcoming Summits and promised the attendees of the 30th Nigerian Economic Summit and the business community
The World Bank says Nigeria is showing positive results at the macroeconomic level from reforms embarked upon a year ago. This was contained in a report launched by the World Bank this Thursday. The Nigeria Development Update Report, titled “Staying the Course: Progress Amid
Report Offers Pathways to Progress through Faster, Greener, More Inclusive Growth At today’s feeble pace, it could take more than a century to eliminate poverty as it is defined for nearly half the world – people who live on
Headline inflation in September 2024 increased to 32.7% relative to the August 2024 headline inflation rate which stood at 32.15%, indicating a 0.55% rise over the month. This is contained in a report released by the National Bureau of Statistics
Barbara Bako, Abuja The Vice President, Senator Kashim Shettima has acknowledged that some of the present administration economic reforms have been painful. During his speech at the Nigerian Economic Summit (NES#30) opening ceremony in Abuja on Monday, the
The United Nations World Food Programme (WFP) Executive Director, Cindy McCain, has urged public and private sector leaders to work together to tackle the root causes of hunger and build peace in Nigeria, amidst rising food insecurity and malnutrition. She
Barbara Bako, Abuja. The Accountant General of the Federation, Dr. Oluwatoyin Madein has issued guidelines for the exclusion of third-party research grant funds of Federal Universities and Research Institutions from the Treasury Single Account (TSA). In a federal treasury circular
The Federal Inland Revenue Service (FIRS), on Wednesday, launched an Unstructured Supplementary Service Data (USSD) Code *829# specifically targetted at improving taxpayers’ satisfaction and enhancing the ease of doing business. FIRS chairman, Zacch Adedeji, who launched the code at the
The Federal Government has convened a workshop, to equip policymakers with innovative solutions for sustainable growthwhile championing coordination between fiscal and monetary policies as it seeks to revitalize the economy. Organised by the Federal Ministry of Finance in partnership with the Central Bank
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