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Again, budget suffers setback as Nigeria’s debt rises to N16trn

    Again, budget suffers setback as Nigeria’s debt rises to N16trn

Nigeria’s debt burden has increased by nearly N4 trillion in the past six months, with potentials of hurting the chances of securing the much-needed foreign loans for implementing 2016 budget. According

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Forex magic, naira’s resting place… 5 lessons from CBN monetary policy meeting

    Forex magic, naira’s resting place… 5 lessons from CBN monetary policy meeting

On Tuesday The Central Bank of Nigeria (CBN) decided to keep interest rates steady at 14 percent, despite calls by Kemi Adeosun, finance minister, for the opposite to be done. For

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VAT up by N9bn as FG shares half a trillion

    VAT up by N9bn as FG shares half a trillion

Kemi Adeosun, minister of finance, on Tuesday in Abuja said N510.2 billion was shared among the federal, states and local governments as revenue realised in August. She told reporters after

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Recession: Parents send children to school without textbooks

    Recession: Parents send children to school without textbooks

Two days after the resumption of schools in Lagos State, school proprietors say many of the students returned without reading and writing materials. In separate interviews with NAN, the school

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Adeosun, manufacturers want CBN to cut interest rate

  Adeosun, manufacturers want CBN to cut interest rate

Kemi Adeosun, minister of finance, says she wants the Central Bank of Nigeria (CBN) to lower interest rates, in a

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We’re already coming out of recession, says Adeosun

  We’re already coming out of recession, says Adeosun

Kemi Adeosun, minister of finance, says Nigeria is already on its way out of economic recession. The minister also revealed

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Our supreme court the most overworked in the world, says CJN

  Our supreme court the most overworked in the world, says CJN

Mahmud Mohammed, chief justice of Nigeria (CJN), on Monday said Nigeria’s supreme court is arguably the “most overworked” in the

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Osinbajo: Militants responsible for recession

  Osinbajo: Militants responsible for recession

Vice-President Yemi Osinbajo has blamed Nigeria’s current economic recession on the activities of vandals and militants in the Niger Delta region.

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Emefiele: We need an emergency bill to spend our way out of recession

  Emefiele: We need an emergency bill to spend our way out of recession

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigeria has seen the worst of economic times and

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Dangote to FG: Sell NLNG, beef up reserves, and see if we won’t be out of recession by Dec

  Dangote to FG: Sell NLNG, beef up reserves, and see if we won’t be out of recession by Dec

Aliko Dangote has prescribed ways through which Nigeria can get out of recession before the end of 2016. In an

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