Nigeria Slums Into Recession As Economy Contracts Again

Nigeria’s economy has slumped into recession as the nation’s Gross Domestic Product (GDP) contracted by -3.63 per cent in the third quarter...

Credit tribunal to help banks recover loans as Buhari assents 2020 BOFIA

President Muhammad Buhari has signed the 2020 Banks and Other Financial Institutions Act into law. According to a statement...

Bill Gates Pledges $70m To Ensure Entire World Gets COVID-19 Vaccine

Bill and Melinda Gates have pledged to donate an additional $70m to ensure that everyone around the world had access to the...

N75bn Youth Fund beneficiaries to get N250,000 – N5m, says minister

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Saturday that between N250,00 to N5m would be accessible...

Survival Fund: Nigerian govt announces new website

The Federal Government has announced a new portal for the Macro, Small and Medium Enterprises (MSMEs) Survival Fund and Guaranteed off-take Stimulus...

FG, States, others share N5.3trn in 8 months

The Federal Government, 36 states and the 774 local governments of the federation as well revenue generating agencies of the Federal Government...

JUST IN: FG apologises for asking all bank, other account holders to re-register

The Federal Government has apologised for asking all account holders in the country’s financial institutions to register their details again.

FG, states, LGs shared N3.88tn in six months – NEITI

The Federation Accounts Allocation Committee shared N3.88tn to the Federal Government, states, Local Governments and other statutory recipients in the first half...

Nigeria’s Revenue Has Fallen By Over 60% Due To Coronavirus – President Buhari

President Buhari has raised an alarm over the decline in the country’s revenue amid the Coronavirus pandemic. Vice President...

Recession hits Australia for first time in almost 30 years

Australia has officially fallen into its first recession in 29 years with the biggest fall in Gross Domestic Product (GDP) on record.

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OPINION: Why Nigeria Will Not Too Quickly Forget Former Governor Balarabe Musa (1936-2020 –...

No doubt, the year 2020 has sneakingly earned for itself, with little dispute, the appellation “annus horribillis,” for quite depressing reasons. As...

CBN approves withdrawals of dollars to save naira

The Central Bank of Nigeria (CBN) has announced the amendment of procedures for receipt of diaspora remittances in an apparent and frantic...

President Buhari Appoints Imaan Imaan Sulaiman-Ibrahim as DG NAPTIP

President Muhammadu Buhari has approved the appointment of Imaan Sulaiman-Ibrahim as the new Director-General of the National Agency for the Prohibition of...
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