Nigeria’s food inflation increased by 1.26 percent on a year-on-year basis from 18.30 percent in November 2020 to 19.56 percent in December. This is according to the December 2020 consumer
Business
Stanbic IBTC Holdings Plc says its bureau de change subsidiary, Stanbic IBTC Bureau de Change (SIBC), has relinquished its operating licence and discontinued operations. According to a statement signed by
The National Bureau of Statistics (NBS) says Nigeria’s total public debt stock as of third quarter of 2020 (Q3 2020) increased by N6.01 trillion within a year. According to the
The federal government has disbursed N123.34 billion performance-based grant to eligible states under the World Bank supported states fiscal transparency, accountability and sustainability (SFTAS) programme for results. Zainab Ahmed, minister
Rotimi Amaechi, the minister for transportation, says the Nigerian Railway Corporation (NRC) is only running a test of the electronic
The federal government (FG) expended a total of N3.10 trillion on debt servicing for the 11 months (January- November) 2020,
Zainab Ahmed, the minister of finance, budget and national planning, says the federal government will have access to as much
Dangote Cement, Nigeria’s biggest company by market capitalisation, has announced the completion of the first tranche of its share buyback
The Kano Electricity Distribution Company (KEDCO) says customers in its franchise areas owe the firm N17.5 billion unpaid electricity bills
The Federal Inland Revenue Service (FIRS) says the country lost N5.4 trillion to tax evasion by multinationals. Speaking at a
