Tags Nigeria economy

Tag: nigeria economy

BREAKING: Idriss Deby’s son named Chad president

A son of Chad’s slain leader Idriss Deby Itno is to take over as president in place of his father, according to...

FG recorded N485.51bn fiscal deficit in January – CBN

The Federal Government recorded N485.51bn fiscal deficit in January, statistics obtained from the Central Bank of Nigeria have shown.

Senate Queries FMBN N3bn Contract, Summons ex-MD

The Senate Public Accounts Committee has summoned a former managing director of the Federal Mortgage Bank of Nigeria, Mallam Gimba Kumo, to...

2020 FY: NIGERIAN BREWERIES RECOMMENDS N7.71BILLION DIVIDEND FOR SHAREHOLDERS

Nigeria’s foremost brewer, Nigerian Breweries Plc, has recommended a total dividend of N7.71 billion for its shareholders for the 2020 financial year.The...

New Fintechs Raise $74m In Nigeria

New fintechs raised $350 million in first quarter of 2020 in Africa of which  $112 came from South Africa, while $74 million...

Nigerian Breweries declares N7.51bn dividend

The Nigerian Breweries Plc has announced a dividend payout of N7.51bn for 2020, a 53.35 per cent decrease from N16.1bn in 2019.

Fed Govt Recovers N49.7bn Out Of N5.2trn Debt – Ahmed

The Minister of Finance, Budget and National Planning, Zainab Ahmed has disclosed that the Federal Government has succeeded in recovering N49.7bn out...

FCT Councils, Others Share N3.7bn In February

The Federal Capital Territory (FCT) administration has disbursed a total sum of N3.736 billion in February as against the N3.8 billion shared...

Nigeria’s Inflation Rate Hits 17.33%, Highest In Four Years

Nigeria’s inflation rate has risen to 17.33% in February from 16.47% recorded in January. This is the highest point...

BREAKING: Unemployment Rate hits 33.3%

Nigeria’s unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in the fourth quarter...

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