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My govt lifted 10.5 million Nigerians out of poverty in two years - Buhari

Nigeria, June 12 -- President Muhammadu Buhari said on Saturday that his govt has lifted 10.5 million Nigerians out of poverty in the past two years. The president said this in his speech to mark the... Read More


Buhari expresses dissatisfaction with Nigerian economy

Nigeria, June 11 -- President Muhammadu Buhari on Friday expressed dissatisfaction with the state of the Nigerian economy. The president made this disclosure Friday night during an interview with the... Read More


Inside Nigeria's lucrative employment racketeering where applicants pay for no jobs (1)

Nigeria, June 8 -- A middle-aged woman stretched her right hand forward, her words uttered with practiced nonchalance. She promptly instructed this reporter to pay a N3, 000 'registration fee'. By no... Read More


How T.B. Joshua's death may affect economy of church environs

Nigeria, June 7 -- If there is any major economic lesson learnt by businesses operating on the Ikotun-Egbe axis of Lagos during the lockdown, it is the realization that the economy of that area is ess... Read More


Tech giants, multinationals to pay more taxes as G7 leaders reach 'historic agreement'

Nigeria, June 6 -- Some of the world's wealthiest nations have reached an agreement to tackle tax abuses and reform the global tax system. Finance ministers from the G7 group of wealthy nations signe... Read More


ANALYSIS: Six years in office, Buhari fails to deliver on economy

Nigeria, June 1 -- When the presidential campaign of the All Progressives Congress, APC, was formally inaugurated in January 2015, then candidate Muhammadu Buhari promised to tackle corruption and ins... Read More


Nigeria will soon create digital currency - CBN

Nigeria, May 26 -- Nigeria will soon create its digital currency, the Central Bank of Nigeria said Tuesday as the bank continues to face questions over its ban on cryptocurrency transactions in the co... Read More


MALABU SCANDAL: OPL 245 licence expires

Nigeria, May 26 -- The licence for the controversial Nigerian offshore OPL 245 oil block has expired, PREMIUM TIMES has learnt. According to civil society campaigners Global Witness, Eni confirmed th... Read More


UPDATED: CBN retains benchmark interest rate

Nigeria, May 25 -- The Central Bank of Nigeria has retained the monetary policy rate at 11.5 per cent, with the assymetric corridor of +100/-700 basis points around the MPR. The CBN governor, Godwin ... Read More


BREAKING: CBN retains benchmark interest rate

Nigeria, May 25 -- The Central Bank of Nigeria has retained its monetary policy rate at 11.5 per cent, with the asymmetric corridor of +100/-700 basis points around the MPR. The CBN governor, Godwin ... Read More