Economy

The federal government yesterday approved a new medium-term debt management strategy for Nigeria for the period of 2020-2023. The Debt Management Office (DMO) confirmed this in a statement yesterday, saying the approval was made at the...

President Muhammadu Buhari has performed the groundbreaking for the commencement of the construction of $1.96 billion Kano-Maradi 284 kilometre standard gauge rail line with a branch line from Kano to Dutse. The $1.96 billion project was...

The Chairman and Founder of the BUA Group, Alhaji Abdulsamad Rabiu, has attributed the high price of cement and sugar in the country to higher demand over supply of the product. Speaking to reporters in Lagos,...

The Central Bank of Nigeria (CBN) says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies — despite growing criticism. The apex bank in a statement...

There are speculations of petrol price hitting N190 amid concerns over the non-implementation of the full deregulation of the downstream petroleum sector. Top officials of two major marketers’ associations who spoke with Punch on Saturday said...

Changpeng Zhao, the leader of the world’s biggest crypto exchange, Binance says the crypto exchange has  disabled deposits to prevent more NGN from coming in compliance with directives from the central bank of Nigeria. The highly revered...