DMO denies receipt of N2.2trn 2018 budgetary allocation
…says it can only account for N721, 251, 798
…as Reps query accountant-general over unaccounted funds
Debt Management Office (DMO) has denied the receipt of N2.2...
‘We won’t doze off again’ – President Buhari vows to ensure rapid economic growth
President Muhammadu Buhari says his administration will speed up efforts to ensure rapid economic growth in the country.
Speaking on Tuesday at a meeting with...
FG, States, Local Govts share N640.310 billion for January, 2021
The Federation Accounts Allocation Committee (FAAC) at the end its meeting on Thursday shared N640.310 billion to the three tiers of government as Federation...
BREAKING: Nigeria exits recession with 0.11% growth
Nigeria’s economy grew by 0.11 percent in the fourth of 2020.
This comes after two consecutive quarters of negative growth which result in a recession.
More...
Bayelsa Assembly express concern over leakages in State IGR …summon Chairman, State Revenue Board
The Bayelsa State House of Assembly has on Tuesday expressed concern over the drastic leakages and drop in the State Internally Generated revenue from...
BREAKING: FG Set To Replace BVN With NIN – Minister Reveals
The Federal Government has stated arrangements are ongoing to replace the Bank Verification Numbers (BVN) with the National Identity Numbers (NIN).
The Minister of Communications...
CBN bans Nigerians from buying, selling Bitcoin, Crypto
The Central Bank of Nigeria, CBN, on Friday, instructed Deposit Money Banks (DMBs), other Financial Institutions (OFIs), Non-Bank Financial Institutions (NBFIs) and local financial...
CBN’s move to print currency to finance budget gets backing
The plan by the Central Bank of Nigeria (CBN) to print more local currency to finance the 2021 national budget has attracted fair comments...
FG, States and LGAs share N619.343bn for December, 2020
The Federation Accounts Allocation Committee (FAAC) on Wednesday shared to the three tiers of government N619.343 billion as Federation allocation for December, 2020.
This amount...
Osinbajo flags off N5,000 cash transfer to low-income earners in urban areas
Vice-President Yemi Osinbajo has flagged off the cash transfer of N5,000 to low-income earners in urban areas, as part of efforts to ease the...