BUSINESS
After Subsidy Removal, FG Records Over N1tn Monthly Revenue Inflow – Finance Minister
The Minister of Finance, Mr Wale Edun, says that the Federation Account is witnessing improved revenue inflow since the removal of subsidy from an...
Air Peace Obtains Direct Flight Permit To Dubai
The government of United Arab Emirates has granted Air Peace the approval to operate direct flight to Dubai. Minister of Aviation and Aerospace, Festus Keyamo,...
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...
Our Economic Environment Does Not Support Further Borrowing, Finance Minister Tells Senate
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has disclosed that the country cannot rely on borrowing to fund the...
Nigeria’s Inflation Rate Hits 27.3%
Nigeria’s annual inflation rate rose to 27.33 percent in October from 26.72 percent in the previous month. This was disclosed by the National Bureau of...
Old Naira Notes To Remain Legal Tender Indefinitely — CBN
The Central Bank of Nigeria (CBN) says the old N200, N500, and N1,000 notes are to remain legal tender indefinitely. While new currency notes were...
FG Vows To Checkmate Indiscriminate Borrowing By States
Worried by the indiscriminate borrowing by state governments from banks and the capital market, the Federal Government has commenced a process to check such...
APC Lawmaker Says Reps Will Investigate Tinubu Over Trillions Of Naira From Fuel Subsidy Removal
A member of the House of Representatives, Hon. Yusuf Gagdi, has vowed to ask President Bola Tinubu, what he did with the trillions of...
Old, New Naira Notes Remain Legal Tender, Says CBN
Central Bank of Nigeria, CBN, Wednesday said that all banknotes (old, and new) remain legal tender. The apex bank was reacting to news of insufficient...
Labour Rejects Harbour, Ports Bill
The two in-house unions in the nation’s maritime industry have rejected the Ports and Harbour Bill at the National Assembly, seeking to repeal the...
