The Federal Government has ordered the closure of bank accounts of government agencies that have failed to remit their revenues to the Consolidated Revenue Fund (CRF)...
Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, said Nigeria saved N254 billion through the substitution cassava flour in bread baking Adesina said made this...
Federal government has opened up 10 power plants under the National Integrated Power Project (NIPP) for international investment in London. Prof. Chinedu Nebo, the Minister of Power,...
THE EXCERPT: I want to start by saying that we are never upset by a critical examination of what we are doing. AMCON is big; it...
Nigerian billionaire and Africa’s richest man Aliko Dangote has scored yet another first. This time, he has been named the Africa’s first $20 billion man, thus...
The Federal Government has concluded plans to stop the importation of wheat into the country in order to create markets for farmers involved in the production...
Nigeria’s total debt stock stood at $53.46 billion as at end-March 2013. This is the aggregate of Federal Government, State governments and Federal Capital Territory (FCT)...
Former South African President, Mr. Thabo Mbeki said that African leaders launder about $50 billion into foreign banks annually. Mbeki made the revelation in Abuja Nigeria....
Nigeria’s poverty rate should be falling faster given its economic growth this decade, an official of the International Monetary Fund said. The share of citizens Nigerians...
The Nigeria Sovereign Investment Authority, NSIA, has disclosed the allocation of its $1 billion (about N155 billion) take-off of capital to the three statutory funds through...
President Goodluck Jonathan has approved the appointment of new chief executive officers for three parastatal agencies. The appointees are Mr Benjamin Dikki, Director-General, Bureau of Public Enterprises; Mr...
The Debt Management Office has said that Nigeria will continue to maintain a debt to Gross Domestic Product threshold of 40 per cent considering the economic...
—-oil revenue exceeded budget estimate —-non oil revenue drops By Omoh Gabriel The total federally collected revenue stood at N2. 425.3 trillion in the first three...
By Omoh Gabriel Nigeria and five other countries have named by the World Bank as top recipient of global remittance. In a report released on Friday...
By Omoh Gabriel At one of the several schedule meetings of the 2013 IMF/World Bank Group Spring Meetings, an unprecedented gathering of heads of global development...