Direct Interventions In Power Sector Now N7trn – FG The Federal Government, on Tuesday, said it had spent about N7tn as direct interventions in the power sector despite privatising the electricity generation and distribution arms of the industry since November...

FAAC: States, Local Govts Get N2.59trn As Economic Hardship Worsens   States and local governments got N2.59tn from the federation account in the first six months of 2023 amid worsening economic hardship in their respective states. This is a 27.62 per cent...

Small Businesses Earn Below N223,250 As Monthly Revenue – NBS   Many small businesses earn N223,250 in monthly revenue, a new study from the National Bureau of Statistics and the Financial Access Initiative research center of New York University has revealed. According...

FG Incurred N16.48trn Fresh Debt In Five Years - NDMF   The Federal Government piled up at least N16.48tn new borrowings between 2018 and 2022. This was disclosed in the National Debt Management Framework (NDMF) 2023 -2027 published on the website of...

CBN Recovers $22m, N115bn Excessive Charges Imposed On Customers   The Central Bank of Nigeria (CBN) yesterday said it has recovered $22.8 million and N115.5 billion for multiplicity of charges imposed on customers by the Deposit Money Banks (DMBs) over the...

Meet Doris Uzoka: Nigeria's Potential Minister of State for Finance, by Juliet Agoyi   After weeks of keeping Nigerians waiting, President Bola Ahmed Tinubu last week finally unveiled the list of some of the men and women who will make up...