Coronavirus: IMF approves Nigeria’s request for $3.4bn
The International Monetary Fund (IMF), on Tuesday, approved US$3.4
billion emergency financial assistance for Nigeria to fight coronavirus.
The Executive Board approved Nigeria’s request under...
Naira under pressure, banks withholding Dollar supply
The decision of the Foreign Portfolio Investors, FPIs, to exit the country in the wake of the Coronavirus (COVID-19) pandemic as well as the...
States may get zero allocation in June over oil price crash, says Governor’s Forum...
The UN Conference on Trade and Development (UNCTAD) said on Thursday that around one trillion dollars of debt owed by developing countries would be...
FAAC shares ₦780.926bn …As April FAAC holds by video conferencing
…In the next few working days, civil servants will be paid their April 2020 salaries.
This is because the Federation Accounts Allocation Committee (FAAC) has...
US oil price crash to $10.52 a barrel, lowest level in 22 years as...
US oil prices plummeted to their lowest points in 22 years on Monday as crude storage facilities filled up swiftly in the face of...
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...
BREAKING: Nigeria heading into its worst recession in 30 years, says IMF
The International Monetary Fund (IMF) has projected that Nigeria’s economy will recede by 3% in 2020.
This would be the worst recession in 30 years...
JUST IN: N-power beneficiaries cries out for non payment of stipends …Calls for Minister...
This delay have become more unbearable since the program was transferred from the office of the vice president prof. Yemi Osibanjo to a new...
COVID-19: Bayelsa Gov’t Bars LGA Chairmen from obtaining, Servicing fresh loans
Bayelsa State Government says it has directed local government council chairmen to stop obtaining or servicing loans in the meantime to enable them save...
Federal Government reduces 2020 budget
The Federal Government has sent new budget proposal to the National Assembly for consideration in view of global economic realities as a result of...