Bayelsa Fiscal Performance Ranked 36, Poorest State in Nigeria @25
Despite being blessed with enormous potential for economic prosperity from which it can potentially generate additional revenue, the state still had one of the...
CBN postpones eNaira launch to mark Independence Anniversary
The Central Bank of Nigeria on Thursday announcedthe postponement of the planned unveiling of the digital currency, eNaira.
The launch was initially scheduled for October...
CBN sets to roll out e-naira
The director of Information Technology, Central Bank of Nigeria (CBN), Rukiya Mohammed, on Wednesday said the apex bank has concluded plans to launch the...
House of Reps member accuses CBN of deliberately devaluing Naira
A House of Representative member, Bamidele Salam (PDP-Osun), has called on the Central Bank of Nigeria (CBN) to stop the continuous fall of the...
Coalition backs calls for Emefiele’e resignation
The Nigeria Citizens Action Group (NCAG), a coalition of 35 civil society organisations, has supported the call of concerned Nigerians that Godwin Emefiele, Governor...
Poor IGR May Cripple 8 States If FG Allocation Stops [See Full List]
In fact, only 4 States can survive without the Federal Allocations. FCT generated IGR thrice their Federal Allocation. FCT can survive without Federal Account...
Debt servicing: Nigeria pays $1.79bn to World Bank, China in five years
Nigeria spent $1.79bn in five years on servicing the debts owed to World Bank and the Exim Bank of China, according to an analysis...
AGAIN, Bayelsa slide into abrupt bankruptcy Despite huge federal allocation
The Annual State Viability Index (ASVI) ranked Bayelsa, one of Nigeria’s biggest oil-producing states as an insolvent state, despite the huge federal allocation the...
Nigeria’s economy will be grounded in next nine months – Bamgbose cries out
Barrister Olusegun Bamgbose, Esq., a chieftain of the New Nigerian Peoples Party, NNPP, has cried out that Nigeria’s economy might be grounded in the...
Eurobonds debts rise by $9.37bn in 5yrs under President Buhari
Commercial loans obtained by Nigeria through Eurobonds rose from $1.50bn as of December 31, 2015 to $10.87bn as of December 31, 2020, indicating a...