IMF Highlights Nigeria’s Low Revenue to GDP Ratio, Urges Fiscal Adjustment
The International Monetary Fund (IMF) has raised concerns about Nigeria's insufficient revenue generation to meet its developmental needs. The IMF...
SERAP Calls on NNPC to Disclose Oil Production and Revenue Details Post Fuel Subsidy Removal
Socio-Economic Rights and Accountability Project (SERAP) has directed a request to Mr. Mele Kolo Kyari, the Group Chief Executive Officer...
Oil-Rich Communities in Delta State Embrace NUPRC Stand for Due Process in PIA Implementation
The communities of Ugborodo, Deghele, and Ugboegungun in Warri South-west Local Government Area of Delta State have voiced their confidence...
FG records N1.5tn fiscal deficit in two months
The Federal Government recorded N1.54tn fiscal deficit in July and August 2023, figures from the Central Bank of Nigeria have...
FMDQ Advocates Strategic Measures to Attract $30 Trillion Sustainability Fund to Nigerian Capital Market
Head of Research at FMDQ Group Plc, Dr. Vincent Nwani has emphasized the need for concerted efforts towards attracting some...
FirstBank UK Adopts Bloomberg TOMS to Optimize Fixed Income Workflow
London, 28 November 2023 — Bloomberg announced today that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited, the premier West African bank,has adopted Bloomberg’s Trade Order Management System...
CBN Directs Suspension of Transactions on Unverified Accounts Without BVN or NIN
In the upcoming weeks and months, Nigerians are expected to visit commercial banks and National Identity Management Commission offices in...
Nigeria Receives Largest Vessel With 2000 Containers, 2,500 Vehicles
The MV Great Lagos, among the world's largest containers cum Roll-on-Roll-off (RoRo) vessels, made its arrival at the Tin-Can Island...
FG Moves To Stop $10bn Capital Flight In Welding Industry
In a bid to address the annual revenue loss of $10 billion attributed to the importation of internationally certified welders,...
Nigeria Signs MOU for 1 GW Solar PV Manufacturing Plant at COP28
In a significant move towards enhancing energy reliability, the Nigerian federal government, through the Infrastructure Corporation (Infracorp), has signed a...
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