BUSINESS
FG Targets Five Million Jobs From €995m Agric Programme
The Federal Government says it is targeting about five million jobs for farmers through the €995m agricultural mechanisation programme. The initiative was aimed at boosting...
₦5.548 Trillion Available To Fund 2020 Budget – Finance Minister
The Minister of Finance, Zainab Ahmed, revealed that the amount available for funding the 2020 Budget is now estimated at N5.548 trillion while briefing...
Dollar Sells For N445 As Forex Scarcity Persists
The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity in the forex market. The extension of the...
COVID-19 Costs Nigerian Aviation N17bn — Sirika
Hadi Sirika, minister of aviation, says many airlines will not survive the economic crisis which is a fallout of COVID-19. Speaking at the briefing of...
FG To Amend The 2020 Budget Oil Benchmark To $20 Per Barrel
Plans are ongoing by the Federal Government to review the 2020 budget to reflect an oil benchmark of $20 per barrel. A report by Reuters...
Nigerians Will Pay Higher Electricity Tariffs – FG Assures IMF
Nigerians will pay much higher electricity tariff in 2021, going by promises made by the Federal Government, FG to the International Monetary Fund, IMF...
BREAKING: Banks Reach Agreement To Halt Staff Sack
The bankers' committee of the Central Bank of Nigeria (CBN), has agreed that plans to lay off staff would be suspended. This was announced in...
FG To Cut Agencies To Reduce Governance Cost – Finance Minister
The President, Muhammadu Buhari, has approved the implementation of the Steve Oransaye Committee report on the rationalisation of government agencies. The Minister of Finance, Budget...
Banks In Abuja, Lagos, Others To Open From Monday
Federal Government on Wednesday said banks in Abuja, Lagos, and Ogun will begin operations from Monday 4th of May, 2020. Disclosing this, the National Coordinator...
COVID-19: British Airline To Axe 12,000 Jobs
British Airways is set to make up to 12,000 workers redundant on the back of Covid-19 restrictions. The airline's owner International Airlines Group (IAG) announced...
