Economy
FG Inaugurates Committee to Review Foreign Missions Worldwide
The federal government has inaugurated a 13-man presidential committee to review the number of the country’s diplomatic Missions worldwide and...
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FG earmarks $7bn for poverty reduction
The Federal Government says it has earmarked about $7 billion within the last seven years in its efforts to pull...
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CBN, NIBSS Unveil National Domestic Card Scheme to Boost Payment Systems
The Central Bank of Nigeria (CBN) yesterday announced the introduction of a National Domestic Card Scheme which is effective January...
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Inflation: Nigeria, others risk political instability, says IMF
The International Monetary Fund has said Nigeria and other countries in the Sub-Saharan African region risk social and political instability...
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Nigerians spend N2tn on e-bills in nine months
Nigerians spent N2.18tn on electronic bills such as power, PayTV, and other utilities in the first nine months of 2022,...
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We generated $1.20bn through RT200 programme in Q3 2022 – CBN
The Central Bank of Nigeria (CBN) yesterday, revealed that its RT200 programme generated $1.20 billion from repatriations at the end...
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FG Set to Open N30trn Govt Assets for Investment, Restructuring of MOFI
President Muhammadu Buhari has approved the process of restructuring the Ministry of Finance Incorporated (MOFI), the federal government’s investment vehicle,...
Read moreFG to pay CBN’s N20tr overdraft with treasury bills
The Federal Government has opted to repay its N20 trillion loans advance or overdraft with the Central Bank of Nigeria...
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Nigerians pay N1.23tn tax to 36 states
Nigerians across 36 states of the federation paid N1.23tn in taxes in 2021, a 19.19 per cent increase from the...
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UBA Deputy Managing Director Muyiwa Akinyemi lauds NEXIM, NEPC, CBN efforts to boost export earnings
The UBA deputy Managing Director Muyiwa Akinyemi has commended the Nigerian Export Promotion Council (NEPC) and the Nigerian Export-Import Bank...
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