Adopt Zimbabwe’s Style To Curb Inflation, Obasanjo Urges FG
Former President Olusegun Obasanjo has advised the Federal Government to adopt the Zimbabwean model to weather the current storm of galloping inflation. He made the call at a Youth leadership symposium with the theme “Opportunities for Peace: Roles of The Youths in Conflict Prevention in Africa” held at Olusegun Obasanjo Presidential Library in Abeokuta, the state capital, as part of...
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 significantly raising her revenue profile while also paying the new minimum wage agreed by the Federal Government and Labour to its civil servants without any rancour or hesitation. This much was stated by the State’s Commissioner...
Buhari Presents N20.5 Trillion 2023 Budget To National Assembly
President Muhammadu Buhari has put the total budget estimate for 2023 at N20.5 trillion. Out of this, the government is budgeting about N6 trillion for debt servicing in 2023. He however said that the 2023 proposals reflect the serious challenges facing the country. He said the policy of government is designed to ensure strategic thinking in government performance in 2023. The President said...
FG Has Secured $30bn Investment In Last One Year, Says Minister Of Trade And Investment
Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite said Nigeria had secured an investment commitment of over $ 30 billion in the last one year. She spoke on plans to establish commercial courts across the country to adjudicate business cases. She said the government had approved N430 million to fix the Lagos International Trade Fair Complex, adding that the complex...
Tinubu, Soludo Meet To Discuss Democracy, Security, And Economic Reforms
President Bola Ahmed Tinubu says his meeting with Anambra State Governor, Prof. Charles Chukwuma Soludo, at the Presidential Villa, Abuja, centered on deepening democracy, strengthening security, and advancing ongoing economic reforms. In a statement on his official X handle on Wednesday, Tinubu described Soludo as “a friend of over two decades,” adding that both leaders share a vision for progressive...
Buhari Set To Unveil Nigeria’s Digital Currency Monday
President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the State House, Abuja, ABN TV has learned. The launch of the eNaira is a culmination of several years of research work by the Central Bank of Nigeria in advancing the boundaries of payments system in...
Ban On Open Grazing: Miyetti Allah Urges Northern Governors To Revive Existing Grazing Reserves
The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) says the North cannot afford to ignore the recent unanimous decision of southern governors to place a ban on open grazing in their states. Responding to the Tuesday Asaba Declaration of the governors, National Secretary of MACBAN, Baba Othman Ngelzarma, said northern governors should rise up to the challenge by working...
Global Finance 2020: Zenith Bank Emerges Best Bank In Nigeria
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. The awards, published in the May 2020 edition of the Global Finance Magazine, was based on the performances of the banks in their respective regions and countries over the period from Jan. 1 to Dec. 31, 2019. Global...
“Ghana Scraps Covid Levy, Cuts VAT to Boost Economic Growth”
Ghana has abolished its Covid-19 Health Recovery Levy and reduced value-added tax as part of broader efforts to stimulate economic growth, the government announced on Thursday. Finance Minister Cassiel Ato Forson said the reforms would return GHS 5.7 billion ($520 million) to households and businesses in 2026. Presenting the new measures to Parliament, Forson explained that the overhaul aims to...
FG To Boost Benue’s Agric Sector – Minister
The federal government has expressed its desire to transform the agriculture sector of Benue State in order to boost food production and encourage exportation. This was disclosed yesterday by the Minister of State for Industry, Trade and Investment, Mariam Katagum, in Makurdi at the official inauguration of the state office for the implementation of the Nigeria Agribusiness and Agro-Industry Development...
