Business and Economy

FG exceeds 2024 borrowing target by N4.79tn as new debt hits N12.62tn

The Budget Office of the Federation has revealed that the Federal Government exceeded its approved 2024 borrowing programme by...
Nanji Nandang VENLEY -

SERAP sues NNPCL over alleged failure to account for N211tn in 2023 statements

The Socio-Economic Rights and Accountability Project has dragged the Nigerian National Petroleum Company Limited (NNPCL) before the Federal High...
Nanji Nandang VENLEY -

What Dangote Refinery’s petrol pricing in dollars means for Nigerians – Analyst

ECONOMIC policy analyst, Vincent Nwanma, has provided insights into the broader implications of Dangote Refinery's decision to price petrol,...
Nanji Nandang VENLEY -

Nigeria tackles IMF, denies spending ₦8trn outside appropriation

THE Federal Government has denied claims that it spent approximately two per cent of Nigeria's Gross Domestic Product (GDP),...
Zainab ABDULRASAQ -
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Full list: CBN revokes licences of 46 microfinance banks

THE Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks nationwide over their failure...
Mustapha USMAN -

Ford rehires 300 veteran engineers after AI quality check fails

THE Ford Motor Company has rehired more than 300 veteran quality inspectors and engineers to reverse manufacturing shortfalls after...
Zainab ABDULRASAQ -
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