Reps Increase Virement Request to N208.8bn, Reject Coins A report of the House of Representatives Committee on Appropriation has recommended the raising of President Muhammadu Buhari’s...
World Bank Budgets N12.2bn to Clear Apapa Gridlock The World Bank is to support Nigeria’s maritime sector with N12.2bn ($40m) to help clear the traffic congestion...
FG Agency to Introduce GM Rice, Beans, Sorghum The first set of genetically modified crops approved by the Federal Government is to be released in the...
Fashola Takes Delivery of Abandoned Transmission Equipment The Transmission Company of Nigeria has received 77 of its 218 abandoned containers carrying equipment for power transmission projects...
Recession: FG Plans Tax Relief for Manufacturers The Federal Government, in a bid to ease the burden of the current economic recession on the manufacturing sector,...
Recession: It’s up to You, CBN Tells Government The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday admitted that its monetary policy...
Cargo Shipping to Nigeria, Others Plunge by 19% The economic recession that has hit Nigeria in recent times is already manifesting on the flow of cargoes...
Ghost Workers: FG’s Monthly Wage Bill Drops by N20bn The Federal Government on Tuesday said it had been able to reduce the monthly wage bill of...
Stakeholders Urge CBN to Liberalise Forex Market Stakeholders in the financial services industry have urged the Central Bank of Nigeria (CBN) to liberalise the foreign exchange...
Stakeholders Lament High Interest Rate Capital market stakeholders have stressed the need for government to review the current interest rate downward to enable listed firms enhance...