Nigerian Economy Latest News Today
BudgIT co-founder, Oluseun Onigbinde, has described Nigeria’s budget as a spending manual rather than a planning tool required for development in the country.
Bonds are debt securities/ liabilities of the Federal Government of Nigeria (FGN) issued by the debt office on behalf of the federal government for citizens.
Investor confidence in the Nigerian economy is declining because there’s no level-playing field for the investors. The economy has been rigged to favour a few.
Electricity operators in Nigeria are indebted to banks in Nigeria about N861.14 billion, representing an increase of 12.83 per cent as of December 2021 alone.
Commercial banks in Nigeria are changing their working hours across the country as a result of increased operating costs, and workers will soon be affected.
Tourism is one of the world’s major economic sectors and one of the sectors most affected by the Covid-19 pandemic. 10% of workers lost their jobs during covid.