The Federal Government of Nigeria has proposed a budget N19.76 trillion for 2023 with a projected deficit of N11.30 trillion. According to the Minister of Finance, Zainab Ahmed, the government projected the total revenue of N8.46 trillion, out of which N1.9 trillion is expected to come from oil related sources while the remaining is to come from […]
Ecobank Nigeria has unveiled a special scheme on Back2School loans and remittances for all its customers. Head, Consumer Banking, Ecobank Nigeria, Korede Demola-Adeniyi said the loan offerings have been developed based on the bank’s understanding of the importance of education and to further support customers with the financial freedom they deserve. She stated that as part of[…]
Recent report published by the National Bureau of Statistics revealed that Nigeria Gross Domestic Product (GDP) grew by 3.54% year on year in real terms in the second quarter of 2022. This growth rate declined from 5.01% in the second quarter of 2021 when rapid growth was recorded following the toll the COVID-19 pandemic exacted on the[…]