Economy
Why FG Puts Major Airports For Concessioning, Sirika, Says Facilities Not Designed For International Operations
The four major airports in Nigeria located in Lagos, Abuja, Port Harcourt and Kano were not designed as international facilities,...
Read moreDetailsFG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries
The Federal Executive Council has approved contracts for the rehabilitation of Warri and Kaduna refineries at a cost of $1.4...
Read moreDetailsCBN Ends Sale Of Forex To BDCs, Says Operators Now Illegal Dealers
The Central Bank of Nigeria has stopped the sales of forex to the Bureau De Change operators in the country...
Read moreDetailsThree Months After Announced PlanTo Ban Importation, CBN Selects Dangote, BUA FMN As Sole Importers Of Sugar
Citing progress made in what it regards as backward integration, the Central Bank of Nigeria (CBN) may have reneged on...
Read moreDetailsNigeria’s Inflation Rate Drops Further Amid Rising Hunger, Poverty
Amid rising poverty and impoverishment ocassioned by astronomical rise in the prices of food stuff and other essentials of...
Read moreDetailsNigeria’s Debt Burden Set To Increase As Senate Okays $8.325bn, Euro 490m External Loans
 The nation's debt burden is expected to rise and more hardship expected as the Senate on Thursday approved $8,325,526,537.00...
Read moreDetailsSenate Faults NNPC Over Non-remittance Of N3.87trn From Crude Oil Sales, Mandates EFCC, ICPC To Go After Officials Responsible For Diverted Funds
…Directs NPA To Refund $37.67m, N67.5bn, N1.07bn, $2.3m, €196,257 To Treasury The Senate has...
Read moreDetailsDevelopment Bank Shifts Attention To Entrepreneurship, Trains 1,000 MSMEs
The Development Bank of Nigeria (DBN) Plc has concluded plans for the 2021 Entrepreneurship Training Programme in line with its...
Read moreDetailsMixed Feelings As Senate Passes N983bn supplementary budget For Insecurity, Vaccines
The Senate on Wednesday approved the sum of N982.729 billion as supplementary budget for the 2021 fiscal year. The approved...
Read moreDetails2021 Budget: Senate Approves PMB’s N2.343trn External Borrowing Request
The Senate has approved President Muhammadu Buhari’s request for the authourisation of N2.343 trillion ($6.183 billion USD) as External Borrowing...
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