Africa’s $102bn Trade Deficit With China Link To Over-dependence – Finance Expert
By Patrick Titus, Uyo Africa’s quest for economic independence is threatened by the widening dependence on imported machinery, electronics and industrial equipment from foreign countries, as the continent’s trade deficit with China climbed to a record…
₦8.8 TRILLION IN THE DARK: The IMF Has Written Tinubu’s Epitaph; Nigerians Must Now Bury The Presidency That Robbed Them
By Aare Amerijoye DOT.B There are presidents who fail because they are weak. There are presidents who fail because they are unlucky. And then there is Bola Ahmed Tinubu, a president who has not failed at all, because failure implies he was trying to…
Akwa Ibom Traders Share N2 billion Empowerment Grant
By Patrick Titus, Uyo Akwa Ibom State government has released financial support totalling N2 billion to 3,496 traders across 31 local government areas of the state to enable them restock and expand their businesses. The idea is part of government’s…
You Borrow To Finance Budget, You are Not Able To Finance That Budget, Where Has Money Gone To? — Senator Umeh
Senator Victor Umeh, representing Anambra Central Senatorial District, has questioned the whereabouts of funds borrowed by the Federal Government to finance national budgets, alleging that the government has yet to meet several financial obligations…
Nigeria’s Failure Against Poverty
Nigeria’s poverty ranking belies the country’s enormous human and material resources. Given the pivotal role governments play in transforming nations, the country’s dismal record in the well-being of its citizens places the blame squarely on its…
CBN sells N2.63 trillion OMO bills, N629 billion above initial offer, as stop rates rise
The Central Bank of Nigeria (CBN) sold N2.628 trillion in Open Market Operations (OMO) bills at its October 22, 2026 auction, exceeding its initial N2 trillion offer by N628.52 billion, or 31.43%, as stop rates increased across both tenors, signaling…
‘It’s not missing money’ — Finance Ministry addresses Nigeria’s $12bn external accounts gap
The federal ministry of finance says Nigeria’s $12.4 billion negative balance of payments residual in the first half of 2026 does not mean money is missing or oil earnings have been withheld. In a statement issued on Tuesday and signed by Maryann Duke,…
Kebbi Dismisses UNDP’s “Poorest” Rating Report
By Kabir Dan-Katsina, Birnin Kebbi The Kebbi State Government has dismissed recent report by the United Nations Development Programme (UNDP) in which it purportedly classified the state as one of the Poorest. State Commissioner for Information and…
KACRAN Challenges Northern Govs To Adopt Buni’s Commercial Revolution Blueprint
By Sani Gazas Chinade, Damaturu The Kulen Allah Cattles Rearers Association of Nigeria, KACRAN has challenged northern governors to adopt Governor Mai Mala Buni’s commercial revolution blueprint to revive northern economy, Urging the FG to provide…
IMF Raises Alarm Over Nigeria’s Cost-of-Living Crisis, Calls For Cash Transfers To Vulnerable
According to thebureaujournal.com, the International Monetary Fund (IMF) has urged Nigeria to provide targeted cash transfers and temporary income support for vulnerable households, warning that stronger economic growth has not removed the pressure of…