The Efficiency Unit of the Federal Ministry of Finance on Wednesday said the government’s Ministries, Departments and Agencies spent a total of N825bn on travels, maintenance,...
Turbulence in the international oil market pushes investment in Nigeria’s petroleum further away, as year on year capital inflow dips by 85.7 per cent. Data obtained...
Nigerian Naira declined to 313.5 against the US dollar at the parallel market on Tuesday as forex scarcity persists. The naira closed at 199.40 to the...
The Federal Government aims to hand over the $4.5bn Ajaokuta steel complex to private operators this year as part of a plan to kick-start its industrial...
The Chairman, Senate Committee on Land Transport, Gbenga Ashafa, has faulted the N4.5bn earmarked for the Nigerian railway in the 2016 budget, describing it as grossly...
The global Extractive Industries Transparency Initiative on Monday declared that there was a high probability of suspending Nigeria’s membership of the body, because the country had...
The Federal Government is planning to reduce the amount of borrowing needed to fund the 2016 budget from funds mopped up from government agencies through the...
The Emir of Kano and immediate past Governor of the Central Bank of Nigeria, Muhammadu Sanusi II, has described the monetary policy regime of the CBN...
The organised labour on Monday paralysed business activities of the electricity distribution firms as it led a nationwide protest against the over 45 per cent increase...
With the continued slide in crude oil prices at the international market, which has translated to perennial decline in the foreign reserves, FBNQuest has said there...