The Federal Government has sent a proposal to the National Assembly seeking to reduce the 2020…
Category: Economy of State
COVID-19: FG seeks $3.4bn loan from IMF
The International Monetary Fund on Tuesday said its executive board would soon meet over a fresh…
COVID-19: FG approves N5,000 monthly stipend for vulnerable households
The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development on Wednesday distributed N20,000 each…
FG relaxes lockdown in Lagos, Abuja and Ogun
The Federal Government has relaxed total lockdown it imposed on the Federal Capital Territory, Lagos and…
FG fears recession should COVID-19 pandemic persist for six months
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that the Nigerian…
Economists urge CBN to reduce lending rates as MPC meets
Some finance and economic experts on Monday urged the Central Bank of Nigeria to compel the…
Manufacturers may run out of raw materials as pandemic lingers
The Nigerian Association of Small and Medium Enterprises (NASME), has stated that the manufacturing sector is…
Oil price drops to lowest level in 16 years
The price of Brent crude, the international benchmark, tumbled on Wednesday to the lowest level in…
Inflation rate rises to 12.20%-NBS
The National Bureau of Statistics on Tuesday said that the consumer price index, which measures inflation,…