World Bank to Nigerians: brace for worst recession
THE World Bank has urged Nigerians to brace for the worst recession since the 1980s.
According to the blobal bank, the twin calamities of collapse...
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...
JUST IN: Nigerians Attack Buhari Over Fresh $5.513bn Loan
Nigerians have taken to popular social media platform Twitter to voice their displeasure after news dropped that the President, Major General Muhammadu Buhari (retd.), has...
State Governments face unprecedented financial crisis
“FG, States, LGs share N606.196bn, revenue drops by N227. 265bn”
The report stated as follows: “the states were expecting to share N3.3 trillion from the...
Naira set to rally as CBN, ABCON finalise BDCs’ resumption of forex sale
Foreign currency speculators will in the coming months face huge losses as the Central Bank of Nigeria (CBN) is set to resume dollar sales...
Governors kicks as Buhari okays financial autonomy for State assemblies, judiciary …May challenge order...
• Why President took action, by aide
• Executive Order hailed by SANs
• Speakers: Buhari’s decision best Sallah gift
President Muhammadu Buhari may have pulled a...
Oil Price Rises To Two-month High of $35
The international oil price benchmark, Brent crude, rose to its highest level since March on Monday as major oil producers cut their output levels...
FAAC releases N606.196 billion statutory allocation for April 2020
Federation Accounts Allocation Committee
Federation Accounts Allocation Committee
The Federation Accounts Allocation Committee (FAAC) yesterday shared to the three tiers of government, a total of N606.196...
FAAC disbursement down by N174.73bn as revenue dips in April
The federation accounts allocation committee (FAAC) shared N606.196 billion to the three tiers of government for the month of April.
This is down N174 billion...
FAAC disbursement down by N174.73bn as revenue dips in April
The federation accounts allocation committee (FAAC) shared N606.196 billion to the three tiers of government for the month of April.
This is down N174 billion...