BUSINESS
FG Extends Ban On Shea Nut Export To Boost Domestic Processing
The Federal Government has extended its ban on Shea nut exports by a year, reinforcing a drive to curb raw commodity shipments and boost...
We Generated The Highest Revenue Of N6.4 Trn In 2021 — FIRS
The Federal Inland Revenue Service (FIRS) generated a record N6.4 trillion as revenue in 2021, the highest in its history. Last year's revenue collection exceeded...
How Buhari Dropped Ararume As NNPC Board Chairman
Muhammadu Buhari has dropped Senator Ifeanyi Ararume as Chairman of the Board of the Nigerian National Petroleum Company (NNPC) Limited. The President also replaced Senator...
Why I Seek Fresh N2.3tr Loan — Buhari
President Muhammadu Buhari, yesterday, wrote the National Assembly for approval to borrow fresh $6.183 billion (N2.343 trillion) to fund the 2021 budget deficit of...
BREAKING: Nigeria’s Debt Rises By N2.3trn, Hits N31trn – DMO
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...
Kalu Urges EU Investors To Adopt ‘Near-Shoring’ To Boost Jobs, Curb Migration
The Deputy Speaker of the House of Representatives, Benjamin Kalu, has called on European investors to shift from extractive trade practices to local production...
Presidency Refutes Reports Of Finance Minister’s N105,000 Minimum Wage Proposal
The presidency on Thursday, June 6, dispelled rumours surrounding an alleged proposal by the minister of finance and coordinating minister of the economy, Wale...
CBN Approves Merger Of Unity, Providus Banks
The Central Bank of Nigeria (CBN) has approved a pivotal financial accommodation to support the proposed merger between Unity Bank and Providus Bank. CBN’s acting...
Humanitarian Affairs Minister, Edu Decries Low Budgetary Allocation To Her Ministry, Says N532.5bn Can’t Fight Poverty
The Minister of Humanitarian Affairs, and Poverty Alleviation, Beta Edu, has said that the amount allocated to her ministry in the 2024 budget was...
Capital Budget And The Illusion Of $1trn Economy
Almost every administration, since Babangida introduced VISION 2020 in 1992, had suffered from the same illusion of propelling the Nigerian economy to the top...
