Yearly Archives: 2021

2022 Budget: Buhari to Present Amendment Bill to NASS

President Muhammadu Buhari has expressed strong reservations on the ‘‘worrisome changes’’ made by the National Assembly to the 2022 Executive Budget proposal. Buhari made this observation while signing the 2022 Appropriation Act at the State House, Abuja on Friday....

Fake News Travels Faster On Social Media, NITDA DG, Kashifu Laments

Fake News Travels Faster On Social Media, NITDA DG, Kashifu Laments …says Nigeria committed to achieving 95% digital literacy by 2030     The Director-General, National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi has lamented that fake news is travelling faster than...

Buhari Orders Release of N3.94trn MDAs’ Capital Budget for 2021

President Muhammadu Buhari has ordered the release of N3.94 trillion that was provided for the implementation of capital projects by MDAs in the 2021 fiscal year. The President made this announcement during the 2022 Budget signing ceremony at the State...

CBN Forex Policies May Threaten Economic Growth In 2022

CBN Forex Policies May Threaten Economic Growth In 2022   The Centre for the Promotion of Private Enterprise, an economic think tank, has said the “monetary and foreign exchange policy rigidities” of the Federal Government may disrupt the economic growth of...

Six Multinationals To Pay N249bn Oil Proceeds In January – NNPC

Six Multinationals To Pay N249bn Oil Proceeds In January – NNPC   A total of N249.3bn for October 2021 domestic crude oil sales by six multinational oil companies operating in the upstream sector will be paid in January 2022, the Nigerian...

Naira To Drop Below N570/$ As Travelers, Businesses Resume Dollar Scramble

Naira To Drop Below N570/$ As Travelers, Businesses Resume Dollar Scramble   The naira which yesterday closed at N570/$ at the parallel market is expected to weaken further by next week as businesses resume and travelers scramble for more dollars. Findings showed...
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