Bayelsa, Imo, Rivers, Zamfara lose out as FG disburses N123.348bn performance grants to states...
The Federal Government has disbursed the sum of N123.348 billion (USD324.6 million) to state governments in the second round of performance-based grants.
The grants were...
Nigerian government to borrow unclaimed dividends, dormant accounts’ balances
Despite opposition from stakeholders, the federal government has perfected ways to borrow funds from unclaimed dividends and dormant bank account balances unattended to for...
Paternity scandal: FCMB appoints Yemisi Edun new MD
The First City Monument Bank (FCMB), on Wednesday, named Mrs. Yemisi Edun as the Acting Managing Director of the bank in the interim.
This is...
Strange items in FG’s 2021 budget
The N13. 588 trillion 2021 federal government budget, accented to by President Muhammadu Buhari on December 31, 2020, is replete with line items that...
774,000 jobs will kick off on Tuesday, says Keyamo
Festus Keyamo, minister of state for labour, says the Special Public Works Programme which will engage 774,000 unemployed Nigerians will kick off on Tuesday.
Keyamo,...
CBN depreciates naira to N410.25 in I&E window
The Central Bank of Nigeria depreciated the naira yesterday by N16.25 kobo depreciated in the Investors and Exporters (I&E) window.
This represents the third and ...
Dutch TV Documentary: Our staff are not involved in pipeline vandalism – Shell
The Shell Petroleum Development Company of Nigeria (SPDC) says the allegations in a Dutch Television documentary that its staff were involved in pipeline vandalism...
Governor Diri presents N290.2bn 2021 Bayelsa Budget to Assembly …Infrastructure Gets N34bn, Education N24.9bn
The Bayelsa State Governor, Senator Douye Diri, has presented an estimated sum of N290.2bn 2021 budget to the House of Assembly which is christened...
We must exit this recession with precision by Atiku Abubakar
It is with a very heavy heart that I received the confirmation that for the second time in five years, Nigeria has entered into...
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 of 2020.
This...