The Federation Account Allocation Committee (FAAC) has shared a total sum of N966.110 billion in the month of July 2023 as Federation Account Revenue to the...
Nigeria Sovereign Investment Authority Managing Director and Chief Executive Office, Mr Aminu Umar-Sadiq, has said that the Authority committed $500 million to domestic infrastructure, while also...
Organised Private sector has urged the Tinubu led administration to consider the urgent need for an all-encompassing economic and fiscal plan, full/ partial divestment of state-owned...
An economist, Dr Chijioke Ekechukwu, has lauded the emergency three billion dollars crude oil repayment loan secured by the National Petroleum Company Ltd. (NNPC Ltd) from...
The Edo State Governor, Mr. Godwin Obaseki, has linked the aggravating socio-economic challenges bedeviling the nation to the failure of the federal government to live up...
The Federal Government has promised a grant of N5 billion to each state and the Federal Capital Territory (FCT) as palliative to cushion the effects of...
Nigerian Customs Service, NCS has said that in a series of efforts in Oyo, Ogun, and Lagos States have intercepted 299 cartons of codeine drugs; 4,252...
NNPC has said that it has secured a $3 billion crude oil repayment loan from Cairo-based Afrexim Bank that will support the government’s reforms to stabilise...
Nigerians whether PDP, APC or labour party are groaning under hyper inflation that has surged to 24.08 per cent in the month of July 2023, a...
The Federal Government has debunked reports that it has set up an adhoc committee for the reconstitution of boards and parastatals. Secretary to the Government of...
Uganda’s President Yoweri Museveni has accused the World Bank of seeking “to coerce” the government over its anti-LGBT legislation. It follows the announcement by the lender...
In continuation of its strategy to assist African businesses in increasing their international presence, the African Export-Import Bank (Afreximbank) and international consultants Development Reimagined (DR) have...
President Bola Tinubu on Tuesday in Abuja expressed his resolute commitment to break the vicious cycle of overreliance on borrowing for public spending, and the resulting...
Italy is the latest European country to hit banks with a windfall tax in a surprise move on their profits, which have been bolstered by interest...
The Hydrocarbon Pollution Remediation Project, HYPREP, has disclosed that it has begun the restoration of over 3000 hectares of degraded shorelines in the ongoing cleanup project...