Despite public concerns about Nigeria’s rising debts, the Senate yesterday approved fresh external loans of $1.5 billion and €995 million […]
Category: Economy
Forex: Naira Crashes to N486 Per Dollar As CBN Warns Dealers Against Rejecting Old Dollar
Nigerian Naira on Tuesday recorded a significant devaluation to the U.S dollar at the parallel exchange market. According to data […]
We’ve Increased Daily Petrol Supply to End Queues -NNPC
The Nigerian National Petroleum Corporation (NNPC) says it has increased the daily supply of petrol across the country from 550 […]
Senate Demands Tax Incentives, Protection for Cement Producers
The Senate has called on the Federal Government to provide more industrial incentives and industrial protections such as offering concessionary […]
Again Fuel Queues Persist in Abuja Despite NNPC’s Intervention
Despite the intervention of the Nigerian National Petroleum Corporation (NNPC) to halt the strike by tanker drivers, the chaos occasioned […]
Judiciary workers’ strike: PASAN, JUSUN meeting with FG deadlocked
A new twist was added to the crises in the judicial sector, on Tuesday evening, as the leadership of the […]
Nigerian Government Is Broke, States Must Increase their IGR—Finance Minister
Nigeria’s Minister of Finance, Budget, and National Planning, Zainab Ahmed,has acknowledged that the country’s economy is in trouble, adding that […]
Dwindling resources: NGF, W’Bank, FIRS urge states to embrace technolog
Nigeria Governors’ Forum (NGF), World Bank Federal Inland Revenue Service (FIRS), and the International Centre for Tax and Development, have […]
NNPC Says NO to Petrol Pump Price Hike in May
The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians that there would be no increase in the ex-depot price of […]
Warri-Itakpe Rail Line Freight Services to Create More Jobs
The federal government at the weekend stated that the freight services on the Warri-Itakpe standards gauge railway line would create […]