The Debt Management Office disclosed in a statement released on Friday evening that Nigeria’s total foreign debt has risen to N49.95 trillion which is equivalent to $108.30 billion as of March 31s...
Nigeria, amidst its ongoing struggle with multiple economic challenges, is set to redeem a $500 million Eurobond this month (July). The repayment of this loan, obtained five years ago at a coupon rate...
At the Extraordinary Summit on Socio-Political Situation in the Republic of Niger, the Heads of State and Government of ECOWAS passionately called for the immediate release and reinstatement of Presid...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Federal Government to halt the activities of Binance within the nation. This call comes after the association recognized...
Mr. Sonny Echono, the Executive Secretary of TETFund, addressed stakeholders during a One-Day Engagement on Emerging Issues in Abuja, highlighting that the fund allocation dedicated to servicing progr...
Mary, a young, tech-savvy professional living in Lagos, received an urgent email from her bank asking for account details. She fell for it, lost all the money she’d worked so hard for, and learned t...
Russian President Vladimir Putin addressed the BRICS summit in South Africa, shedding light on the association's forward-looking strategic vision that resonates with the aspirations of the global majo...
The Federal Government of Nigeria has approved a review of the prices of electricity meters in the country.The Nigerian Electricity Regulatory Commission (NERC) said in the circular released that the ...
On Wednesday, Naira depreciated against the dollar both at the official and parallel market in the foreign exchange (FX) market. The devaluation was a result of the high demand for the dollar.The nair...
In the first half of 2023, the stock of global debt rose to $10 trillion, bringing the total to a record high of $307 trillion. This data was reported on September 9, 2023, by the Institute of Interna...