Bayelsa Gov’t fault RMAFC over ‘Bankruptcy’ rating, demand revenue from oil and gas operations
Bayelsa Government has faulted the report released by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on the low level of Internally Generated Revenue...
New Note: Direct CBN to publish amount distributed to banks
President Muhammadu Buhari has been urged by Dr. Chike Okogwu, the Chief Executive Director of the Centre for Ability, Rehabilitation and Empowerment (CARE), to...
Over 300 Millionaires to Emerge in Star Lager Promo
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Nigerian Breweries Plc, makers of Star Lager Beer, has announced the launch of the Star Lager Millionaires Promo, a national consumer exercise designed to...
JUST IN: MPC Reduces Lending Rate, Says Nigeria May Not Slide Into Recession
Central Bank of Nigeria governor, Godwin Emefiele, said this on Thursday, stating that the Nigerian economy was likely not to fall into negative growth.
The...
Only Lagos can afford N30,000 minimum wage — Govs
•....Adds states will go bankrupt, to meet Buhari
•.....Downsizing, new revenue formula is way out
ABUJA — THE thirty- six state governors under the aegis of...
CBN confirms licensing TAJ Bank, Globus Bank, Titan Trust
The Central Bank of Nigeria (CBN) has confirmed the licensing of three new banks by adding them under different lists published on its website....
BREAKING: FG disowns Emefiele over plan to redesign Naira …Warns CBN of Consequences
…Finance minister says not aware of policy
Barely Forty Eight hours after the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele announced that the...
Old Naira note: Comply ‘immediately’ with supreme court order – NBA tells Buhari
The Nigerian Bar Association (NBA) says the federal government should direct immediate compliance with the supreme court orderextending the validity of old naira notes.
Yakubu Maikyau, NBA president, said this in a...
Chinese loans and Nigeria’s sovereign immunity
Many Nigerians are worried that the country is drowning in debt. There is hardly a month the Federal Government does not talk about borrowing...
FG, states, councils shares FAAC N720.880bn
Federal Government, states and local governments shared a total of N720.880 billion for the month of August 2019.
This was disclosed at the monthly meeting...