Govt forecasts massive produce losses over high temperature
Day time temperature is likely to be above normal across the country this year, leading to losses of agricultural production,...
Fuel subsidy, oil theft gulped N29tn, says FG
The Federal Government, on Thursday, said the amount spent on subsidising Premium Motor Spirit, popularly called petrol, between 2005 and...
IMF Urges Nigeria To Increase Tax To Cut Borrowing
The International Monetary Fund (IMF) has called on the Federal Government of Nigeria (FGN) to reduce its debt by focusing...
FG to repay $800m World Bank loan for 25 years
The next administration after the regime of the President, Major General Muhammadu Buhari (retd.), will begin the repayment of the...
FG approves N23bn for Third Mainland Bridge maintenance, others
The Federal Government, on Wednesday, approved the total sum of N23.33bn for surface maintenance of the Third Mainland Bridge, Lagos...
Nigeria’s economic growth will fall to 3%, says IMF
The International Monetary Fund has predicted that Nigeria’s economic growth will fall from 3.2 per cent in 2023 to 3.0...
FG imposes N22bn fine on oil firms over gas flaring
The Federal Government will impose $49m (N22bn) fine on oil and gas firms operating onshore for flaring 24b Standard Cubic...
FG to end multiple taxation on roads
The Federal Government on Tuesday said it is working to remove multiple taxation on roads to promote free movement of...
Fuel price soars by 81% despite N6tn subsidy payment – Report
The price of Premium Motor Spirit popularly called petrol has risen by 81 per cent in the past three years,...
NAICOM Gives Insurers Deadline for Migration to IFRS 17 Finance Reporting Standard
The National Insurance Commission (NAICOM) has said that Insurance Managers would effect from June this year submit their annual reports...
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