ELECTRICITY: Liquidity Crisis Worsens As FG Pays 4% Of N1.9trn Subsidies
The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling electricity sector, with...
Finance Bill: “Implementation date will be announced soon” – FG
The Ministry of Finance on Tuesday said that the take-off date for the implementation of the newly signed Finance Law would be announced in...
Nigeria’s N40trn Revenue Target Under Threat From Tax Leakages —NRS
ABUJA—The Nigeria Revenue Service, NRS, has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten...
Nestoil: We Are Not Responsible For Banks’ Failure To Pay Dividend
Nestoil Limited yesterday rejected what it described as a coordinated campaign of blackmail allegedly driven by First Bank of Nigeria and its Chairman, following publications...
You Can’t Ban Open Grazing, Miyetti Allah Challenges Governors
The Miyetti Allah Kautal Hore, a factional umbrella body for herdsmen in the country, has said it is opposed to the ban imposed on...
US Oppose Okonjo-Iweala’s Election As WTO DG, Give Reasons
The United States has explained why it is against the election of Ngozi Okonjo-Iweala as the next director-general of the World Trade Organisation (WTO). In...
OPay Leads Nigeria’s Fight Against Digital Fraud
LAGOS – As Nigeria completes one of the fastest transitions from cash to digital payments on the continent, a new battlefront has opened in...
Aiyedatiwa Approves N33.8 Billion For OSOPADEC, Tasks New Board On Grassroots Development
Ondo State Governor, Dr. Lucky Aiyedatiwa, has approved a record-breaking N33.8 billion budget for the Ondo State Oil Producing Areas Development Commission (OSOPADEC), marking...
FG Spends N30.6tn, Saves N15.8tn 30-months Following Subsidy Removal
The Federal Government has spent N30.64 trillion in government expenditures to mitigate the impact of President Bola Tinubu's policies, which have resulted in N15.8...
Nigeria’s Unemployment Rate Increased To 4.2% In Q2 2023 – NBS
The National Bureau of Statistics (NBS) says the unemployment rate in Nigeria increased to 4.2 per cent in Q2 2023 from the 4.1 per cent recorded...
