Nigeria Loses $274.2m on External Loans, Senate Calls for Sanction of Culpable Officials

By Our Reporter Office of the Accountant General of the Federation is reported to have made Nigeria to lose a difference of $274.2million (N54.1billion) on...

Thousands of South African Jobs at Risk as Government Consolidates Relief Proposals

Acting Minister in the Presidency, Khumbudzo Ntshavheni, says an estimated 150,000 jobs are at risk in the aftermath of looting and destruction of property...

Nigeria: Naira Devaluation’ll Push Petrol Subsidy To N7.1bn

The devaluation of the naira from N379/$ to N411/$ will push the daily subsidy on petrol to N7.1 billion as it will raise the...

Nigeria’s GDP Growth Projected at 4.2% in 2022 – Official

The Federal Government has projected a rise to 4.2 per cent of the country’s Gross Domestic Product (GDP) in 2022. Mrs Zainab Ahmed, Minister of...

Nigeria: NEC Approves 2022-2024 Medium Term Expenditure Framework

An emergency meeting of the National Economic Council (NEC) presided over by Vice President Yemi Osinbajo, Friday endorsed the 2022-2024 Medium Term Expenditure Framework...

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