Economy
Nigeria’s Inflation Rate Drops Further To 16. 63% In September, But Nigerians Still Groaning Under Higher Prices Of Food Items
Nigerians are groaning under unbearable living conditions typified by rising prices of food items, depreciating value of Naira, higher transportation...
Read moreDetailsLow-Income Countries’ Debt Rises To $860bn In 2020- W. Bank report
Low-income countries’ debt rose by 12 per cent to 860 billion dollars in 2020, the International Debt Statistics (IDS) 2022...
Read moreDetailsPresident Buhari Presents N16.39trn Budget To NASS, Estimates N6. 3trn Deficit Of 4.2 % Growth
President Muhammadu Buhari has presented a N16.39 trillion budget proposal for the 2022 fiscal year to the National Assembly. ...
Read moreDetailsWhy Food Prices Are On The Rise, Buhari, Claims 71% Nigerians Have Access To Portable Water
Despite glaring reasons for the continued rise in prices of food items, ocassioned by insecurity which have displaced and...
Read moreDetailsBuhari Orders Conditional Lifting of Twitter Ban, As CBN Postpones E-naira Launch, Keeps Mum On New Date
In what observers see as as anniversary gift, President Muhammadu Buhari has approved conditional lifting of ban on microblogging giant...
Read moreDetailsNEITI Says 77 Oil, Gas Companies Owe Nigerian Government N2.7 trn
About 77 oil and gas companies in Nigeria are indebted to the Federal Government to the tune of N2.659 trillion,...
Read moreDetailsSenate Wants Oil Companies To Relocate To Host Communities
The Senate has mandated its committees on Petroleum Resources Upstream, Downstream Petroleum Sector and Gas to liaise with...
Read moreDetailsDelayed Maintenance, Low Investment Limit Nigerian, Angolan Oil Output As OPEC Reopens Taps
Top African oil exporters Nigeria and Angola will struggle to boost output to their OPEC quota levels until at least...
Read moreDetailsAmid VAT Controversy, FG, States, LGs Share N696.97bn As Revenue Hits N166.228bn
The Federation Accounts Allocation Committee (FAAC) has shared a total of N696.965 billion as federation allocation for the month of August....
Read moreDetailsSenate Passes 2022-2024 MTEF/FSP, Okays N13.98trn Budget Projection For 2022
*Approves USD$57 per barrel oil benchmark, N410/US$1 Exchange rate The Senate has passed the 2022-2024 Medium Term...
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