National Assembly To Raise 2021 Budget By N500bn
The National Assembly is billed to pass the 2021 Appropriation Bill today, raising the total estimated from the proposed N13.08tn to N13,588,027,886,175, an increase...
Banking, Industrial Stocks Attract Investors As Market Rally Continues
The Nigerian stock market closed at the weekend on a bullish note as investors gained about N1.1 trillion Week-on-Week, W-o-W, driven largely by renewed...
CBN Unveils New FX Guidelines, Approves Cash Movement Of $50,000
The Central Bank of Nigeria (CBN) has issued fresh Foreign Exchange Guidelines which provides that an individual can move cash of up to $50,000,...
Price Of Bread To Rise In Nigeria As Russian-Ukrainian Face Off Continues
The price of bread, one of the most commonly eaten staples in most Nigerian homes is set to rise if the current Russian-Ukrainian war...
After Insisting That Petrol Import Will Continue, Operators Accuse FG Of Working Against Local Refineries
Some local refinery operators have lamented that the announcement made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that the Federal Government...
Naira Depreciates To N1,392/$ In Parallel Market
The Naira yesterday depreciated to N1,392 per dollar in the parallel market from N1,388 per dollar on Wednesday. Similarly, the naira depreciated to N1,371 per...
We’re Not Creating Debt Crisis But Reducing Poverty In Africa, Says Chinese Envoy
The Chinese government has said it is partnering with African countries to reduce poverty on the continent, pledging that it will not create a...
BREAKING: Buhari, Emefiele, Kyari, Others Hold Emergency Meeting Over Oil Crash
President Muhammadu Buhari and officials dealing with government finances are meeting right now. Those attending are the Minister of Finance, Budget and National Planning, Zainab...
Abia Inland Revenue Agency Bars Erondu From Collecting Unified Emblem Levies
The Abia State Internal Revenue Service has barred Elder Azubuike Ihuoma Erondu, from collecting revenues accrued from Unified Emblem levies. This is contained in a letter dated June 23, 2022, signed by the Acting Chairman/Chief Executive of the Serv...
Trade Ministry, SMEDAN Plan MSMEs Academy
The Federal Government, through the Federal Ministry of Industry, Trade and Investment has begun talks with the United Nations Industrial Development Organisation to set...
