Tinubu Seeks N1.767tn Loan to Cover 2024 Budget Deficit
President Bola Tinubu has requested the National Assembly's approval for a fresh external loan of N1.767 trillion to part-finance the ...
Tag: Finance
A Guide to Investing in the Nigerian Stock Market
Investing in the Nigerian stock market can lead to significant financial growth, but it involves careful planning, strategic thinking, and ...
Nigeria’s Tax Reform Debate: Will It Fix the 6% Tax-to-GDP Crisis?
The Speaker of the House of Representatives, Tajudeen Abbas, has pointed out the glaring inadequacy of Nigeria's tax system, with ...
Nigeria’s Foreign Debt Servicing Rises by 107.7% to N3.8 Trillion in Eight Months
The cost of servicing Nigeria’s external debt surged by 107.7% to N3.8 trillion between January and August. This is much ...
Nigeria Projects Record Fiscal Deficit of ₦13 Trillion for 2025
The Nigerian Federal Government expects a budget shortfall of ₦13.08 trillion in 2025, which is much higher than the predicted ...
Floki Memecoin Surges 8% After Coinbase Listing
Floki, a rising memecoin, saw its value go up by 8% in the last 24 hours following its listing on ...
Nigeria to Rebase Inflation and GDP Data in 2025
The Federal Government has revealed plans to update the Consumer Price Index (CPI) and Gross Domestic Product (GDP) by 2025. ...
Nigeria’s FEC Approves N47.9 Trillion Budget for 2025
The Federal Executive Council (FEC) has approved a proposed budget of N47.9 trillion for 2025, announced by Atiku Bagudu, Minister ...
Nigeria’s Inflation Rate Set to Rise in October Amid Economic Pressures
Nigeria's inflation rate is likely to go up in October 2024, after reaching 32.70% compared to the same month last ...
Lagos, Johannesburg, Cairo to Emerge as Africa’s Economic Powerhouses by 2035
According to a report from the Economist Intelligence Unit (EIU), Lagos, Johannesburg, and Cairo are expected to be Africa's major ...
Debt in Nigeria’s Oil and Gas Sector Rises 73% Amid Naira Depreciation
Debt in Nigeria's oil and gas industry increased by 73% during the first nine months of 2024, mainly due to ...
Bitcoin Surges to $89,000 Amid Market Euphoria
Bitcoin, the flagship cryptocurrency, has hit a new record high of $89,123. This is a 9.4% rise in just the ...
Nigeria’s Fiscal Policy: A Ticking Time Bomb
Nigeria's financial strategy is heading towards a big problem. For many years, poor management, lack of openness, and not thinking ...
Nigeria’s Domestic Debt Increases by N198.96 Billion in Three Months, According to DMO Report
The domestic debt of Nigeria’s 36 states and the Federal Capital Territory (FCT) went up by N198.96 billion over three ...
Elon Musk’s Net Worth Soars to $314 Billion
Elon Musk's net worth has skyrocketed to $314 billion, making him the richest person in the world, after Tesla's value ...
