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Nigeria’s Public Debt Jumps to N121.67 Trillion

Nigeria’s total public debt (domestic and external) stood at N121.67 trillion as at the end of first quarter (31/03/24) of this year. The Debt...

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Nigeria’s Public Debt Jumps to N121.67 Trillion

Nigeria’s total public debt (domestic and external) stood at N121.67 trillion as at the end of first quarter (31/03/24) of this year. The Debt...

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Nigeria’s Public Debt Jumps to N121.67 Trillion

Nigeria’s total public debt (domestic and external) stood at N121.67 trillion as at the end of first quarter (31/03/24) of this year. The Debt...

Nigeria’s Economy Expands by 2.98% in Q1 2024

The Nigerian economy expanded by 2.98% y/y in real terms in the first quarter of this. According to figures released by the National Bureau...

NNPC E&P Ltd, NOSL Hit First Oil in OML 13, Akwa Ibom State

NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil...
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Nigeria’s Public Debt Jumps to N121.67 Trillion

Nigeria’s total public debt (domestic and external) stood at N121.67 trillion as at the end of first quarter (31/03/24) of this year. The Debt...

Nigeria’s Economy Expands by 2.98% in Q1 2024

The Nigerian economy expanded by 2.98% y/y in real terms in the first quarter of this. According to figures released by the National Bureau...

NNPC E&P Ltd, NOSL Hit First Oil in OML 13, Akwa Ibom State

NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil...

NNPC Woos South Korean Investors for Gas Projects

The Nigerian National Petroleum Company Limited (NNPCL) has held talks with a South Korean consortium led by Daewoo E & C on the development...

NNPC/Aiteo Joint Venture Launches Nembe Crude Oil Grade

The NNPC/ Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil...

NDIC Assists Uganda Deposit Protection Fund

The Nigeria Deposit Insurance Corporation (NDIC) is assisting the Uganda Deposit Protection Fund (DPFU) to develop capacity to implement the Deposit Insurance System (DIS)...

Naira Note Crisis: CIBN President, Bank CEOS Appeal for Calm … As Criticism and Confusion Continue To Trail the Scarcity

By Ben Igbokwe Following the escalation of the multiple crises trailing the scarcity of the new Naira banknotes and the simultaneous ban of the N200,...

Naira Note Crisis: Cibn President, Bank Ceos Appeal For Calm … As Criticism And Confusion Continue To Trail The Scarcity

By Ben Igbokwe Following the escalation of the multiple crises trailing the scarcity of the new Naira banknotes and the simultaneous ban of the N200,...

CBN extends deadline for old naira notes to Feb 10

The Central Bank of Nigeria (CBN) has finally extended the deadline for the swap of old naira notes at commercial banks by 10 days. In...

2023 Economic Outlook: Emefiele Sees Optimism Amid Global Challenges, Fears

By Ben Igbokwe Despite the prevailing economic crisis and dwindling financial stability pervading the entire globe due to the aftermath of the covid-19 pandemic and...

CBN Raises Benchmark Interest Rate to 16.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the benchmark interest rate Monetary Policy Rate (MPR) by...

Financial Inclusion: Experts Identify Gaps In Achieving Target Set By CBN 

Experts in the nation's financial sector have identified gaps in the set objectives by the Central Bank of Nigeria (CBN) to significantly reduce the...