Economy
-
FCT, 36 states owes FG N1.72 trillion from budget support funds
The governing bodies of Nigeria’s 36 states and the Federal Capital Territory have an unsettled debt of N1.72 trillion to…
Read More » -
CBN settles outstanding FX Obligations
The Central Bank of Nigeria has successfully resolved all outstanding foreign exchange obligations while the country’s external reserves have increased…
Read More » -
MIDOil set to construct a 100,000 bpd modular refinery in Lagos
MIDOil Refining and Petrochemicals Company Limited is set to begin building a modular refinery with a capacity of 100,000 barrels…
Read More » -
FG invests $1 billion to boost Ports infrastructure, aiming to stimulate maritime sector investmen.t
The Federal Government has announced a $1 billion investment to enhance the Ports infrastructure in Nigeria, with the aim of…
Read More » -
Bagudu acknowledges roles of associations, societies in shaping national policies and fostering economic growth
The Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu has emphasized the vital role of societies and associations,…
Read More » -
Fuel marketers to load products from the Port Harcourt Refinery, expects a slight petrol price decrease
. The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria anticipate a slight decrease…
Read More » -
11 DISCOs received N273.34 billion loan to purchase 414,000 meters….CBN
The Central Bank of Nigeria, CBN, has disclosed that the 11 Electricity Distribution Companies, DISCOs, received a loan of N273.34…
Read More » -
House of Representatives confronts Kyari over $278.185 million unremitted revenue from OML 24.
. The House of Representatives has challenged the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL)…
Read More » -
FG commences distribution of of 42,000 metruc tons of grains .
The Federal Government announced on Wednesday that it has commenced the distribution of 42,000 metric tons of various grains as…
Read More » -
FG approves N873.23 for roads projects nationwide
The Federal Executive Council has given the green light for the allocation of N873.23for the construction of roads linking Obajana…
Read More »