Governor Abdullahi Sule of Nasarawa state has congratulated President Muhammadu Buhari on the management of the Nigerian economy. The governor spoke at a State dinner in honour of the President as part of his two-day working visit to the state. He...

FG Commences Investigation into Airfare Hike A joint technical committee to investigate the recent alleged unanimous hike in airfares by domestic airlines and other consumer complaints in the aviation sector is set to be inaugurated. It was gathered that the Federal...

N12.95m Bribe: World Bank Suspends Nigerian Firm, MD The World Bank has sanctioned a Nigerian consultancy company, AIM Consultants Limited, and its Managing Director, Amin Moussalli, for alleged bribery and corruption. The firm was involved in the Nigeria Erosion and Watershed...

$1.04bn Spent on Fuel Imports in 2021 - CBN The quantity of foreign exchange used for the importation of petroleum products into Nigeria fell to $1.04bn last year from $1.32bn in 2020. This is  according to data from the Central Bank...

NBS Confirms Date for Rebasing GDP, CPI  The Statistician-General of the Federation, Mr Simon Harry, has said processes are ongoing to rebase the nation’s Consumer Price Index (CPI) which measures inflation rate by the end of 2022. He made the disclosure...

JUST IN: FAAC: FG, States, LGS Share N574.668bn for January  The Federation Accounts Allocation Committee (FAAC) has shared a total of N574.668 billion January 2022  Federation Account Revenue to the Federal Government, States and Local Government Councils.    This was contained in a...