BREAKING: Senate approves fresh $1.5bn, €995m external loans
The Senate at Plenary on Wednesday approved $1.5bn and €995m external loans for the Federal Government.
The decision was taken after the senators considered the...
UN Profiles Nigeria Among Countries Worst-Hit By Food Insecurity
THE United Nations (UN) has listed Nigeria among the countries with the most food-insecure population, caused by protracted conflicts and other factors.
The UN revealed...
Taxation: CITN backs FG over new Tax regime
The Chartered Institute of Taxation of Nigeria (CITN) has thrown its weight behind the new drive of Nigeria’s tax system by the Federal Government.
The...
Iran asks IMF for its first loan since 1962 over Coronavirus outbreak
Iran said on Thursday that it has sought financial assistance from the International Monetary Fund, which has not lent it money since 1962, to...
Nigerians who top up N100 airtime, have N5,000 account balance will get cash –...
The Minister of Humanitarian Affairs, Sadiya Umar, says the federal government considers Nigerians who buy N100 call credit as poor and will ensure they...
FAAC: FG, States, LG share N635.8bn [See Breakdown]
Alhaji Isa Dutse, Permanent Secretary, Ministry of Finance, Budget and National Planning, said on Wednesday in Abuja that the Federal, States and Local Governments...
Osinbajo flags off N5,000 cash transfer to low-income earners in urban areas
Vice-President Yemi Osinbajo has flagged off the cash transfer of N5,000 to low-income earners in urban areas, as part of efforts to ease the...
Nigeria Records ₦8.9tn Trade Deficit In Nine Months, Expert Blames Insecurity
Nigeria recorded a negative trade balance of N8.9tn, between January and September, 2021, data from the National Bureau of Statistics have shown.
Within this period,...
Era of borrowing from banks, not repaying gone – Emefiele
The era of entrepreneurs borrowing from banks and not paying back is gone, Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele said on...
Again, naira crosses N700/$ mark at parallel market
The naira has continued its downward trend, falling to N702 per dollar at the parallel market on Monday.
The figure represents N10 or 1.4 percent...