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Dangote Refinery May Not Significantly Reduce Petrol Price – Zainab Ahmed

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Zainab Ahmed, the minister of finance, budget and national planning, says the Dangote Refinery being constructed may not significantly reduce the retail price of...

We Had To Borrow To Fund Roads, Rail, Power – Buhari

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The President, Muhammadu Buhari, on Tuesday, justified the nation’s debt profile, saying his regime needed to borrow to fund critical infrastructure like roads, rail,...

BREAKING: Nigeria’s Debt Rises By N2.3trn, Hits N31trn – DMO

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The Debt Management Office on Wednesday released Nigeria’s total public debt stock as of June 30, 2020, and put the country’s entire debt at...

MDAs Failed To Remit N1.2 Trillion – Fiscal Commission Says

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The non-remittance of revenue by most ministries, departments and agencies of government to the Consolidated Revenue Funds of the Federal Government is currently N1.2tn,...

We Lack Money To Continue To Pay Fuel Subsidy – FG

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The Federal Government (FG) has said it currently lacks money to continue to pay fuel subsidy due to the economic implications of the coronavirus...

Nigerian Stock Exchange Suspends 6 Firms

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The Nigerian Stock Exchange (NSE) has suspended trading in six companies over their inability to comply with extant corporate governance rules and best practices...

FG Stops Purchase Of Vehicles

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Federal Government has stopped what it called non-critical and administrative capital spending, including the purchase of vehicles. The Special Adviser to the President on Media...

FG Stops Purchase Of Vehicles

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Federal Government has stopped what it called non-critical and administrative capital spending, including the purchase of vehicles. The Special Adviser to the President on Media...

World Bank Approves Nigeria’s $750 Million Loan

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The World Bank has approved a $750 million loan to the Federal government which is to be used to improve electricity supply in the...

FG, States, LGs Share ₦547bn As Federation Allocation For May

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The Federation Accounts Allocation Committee on Wednesday at its virtual meeting shared to the three tiers of government a total sum of N 547....

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