Obaseki plunges Edo into foreign debt with no result to show, DMO reports says
A report from Nigeria’s Debt Management Office (DMO) has shown that Edo State sunk into scary levels of foreign debt under the administration of...
Buhari signs Finance Bill into law
The President, Major General Muhammadu Buhari (retd.), has signed the finance bill into law. He made this known via his Twitter handle on Monday. “I am...
FG earned N5.04tn from oil in 11 months – CBN
Between January and November last year, the Federal Government made about N5.04tn from the sale of oil, figures obtained from the Central Bank of...
FG encourages use of gas-powered vehicles to remove subsidy on petrol
The Minister of State for Petroleum Resources, Timipre Sylva, said that plans are ongoing by the Federal Government to expand the use of Compressed...
FG, CBN propose pre-shipment of inspection certificates
The Federal Government, Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NSC) have hinted on a proposal to introduce pre-shipment inspection and issuance...
USAID to invest $60m to boost agribusiness in Nigeria
The United States Agency for International Development, (USAID) has disclosed plans to invest $60 million to boost agriculture in Nigeria and across West Africa. Speaking at...
BREAKING! Inflation rises to 12.13%
Nigeria’s annual inflation accelerated to 12.13% in January from 11.98% in December, the National Bureau of Statistics said on Tuesday. A separate food price index...
BREAKING: Abia Hits 1bn Naira In Monthly IGR As Ikpeazu Says Payment Of Workers Not A Problem
Abia State has met her target of hitting the N1bn mark in her internally generated revenue drive for the month of January 2020 thereby...
BREAKING: Nigeria Now Tops South Africa As The Continent’s Biggest Economy
As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy. The answer to the question of...
How Buhari Intends To Spend $22.7m Foreign Loan
Here is how the Buhari administration plans to spend the loan and where the projects are located as contained in the document: INFRASTRUCTURE – Emergency road...
