FG’s Revenue Projection dips 49% To N2.712trn –NEITI The Federal Government plan to enlarge its revenue base suffered a major setback recently as its receipts dipped by about 49 percent, in the second quarter of the year. The poor income figures...

FG, States, LGs Share N4.55tr in 9 Months •            Revenues in first half of 2017 49% lower than budgeted figures •            Total FAAC disbursements N1.757 trillion in 3rd quarter of 2017     The total sum of N4.545 trillion was disbursed as FAAC allocations between January and September 2017....

Why We Increase International Borrowing- Kemi Adeosun The Finance Minister, Mrs Kemi Adeosun responds to media enquiries on recent borrowing by the Federal Government. Excerpts   Q: How much has Nigeria raised in the international capital markets and at what price? A: Nigeria...

Salary Backlog: Governors Pledge to Make Workers Smile at Christmas  Governors of the 36 states of the federation have pledged to work assiduously towards ensuring that they make workers happy by paying their emoluments before the commencement of the Yuletide...

Dangote Invests $1.2m In Congo Bridge Completion   In pursuit of its Corporate Social Responsibility(CSR) drive in Mfila, Congo Brazzaville, where it just opened a $300m, 1.5 million-metric-tonne capacity cement plant, President/CE of Dangote Group, Aliko Dangote has said it has...

NNPC to Select Core Investor for Benue Bio-Fuel Project The Nigerian National Petroleum Corporation (NNPC) is set to conclude on the choice of a core investor for the proposed Bio-fuel plant in Agasha Guma area of Benue State. Speaking at the...