Naira Falls to Dollar at N779/$1 at P2P, N772/$1 at Parallel Market The steep fall of the Naira to the United States Dollar continued on Thursday as its value further weakened in the Peer-2-Peer (P2P) and the parallel market segments...

FG Disburses N173bn To Beneficiaries Under 100-for-100 Policy - CBN The Central Bank of Nigeria (CBN) has disbursed N173.31bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. According to the bank, the CBN...

Power Sector Reform Vital For Growth - FG The Minister of State for Power, Goddy Jedy-Agba, has rated the Rural and Electrification Agency high for having impactful projects across the six geopolitical zones of the federation. Jedy-Agba, who said this in...

NDDC Applauds Reps For Approving N876bn Budget   The Niger Delta Development Commission (NDDC) has commended the House of Representatives for passing the N876bn of the commission for the 2023 financial year. Speaking in an interview at the NDDC headquarters in Port...

AGF Faults Capitals Gain Tax Act, Needs Amendment   The Attorney General of the Federation and Minister for Justice, Abubakar Malami, SAN, and the Chairman of the Nigerian Law Reform Commission, Prof. Jummai Audi, have said the Capital Gains Tax Act,...

Rate Hike: MAN, NECA Warn CBN on Imminent Recession, Higher Prices   The Manufacturers Association of Nigeria (MAN) and the Nigeria Employers’ Consultative Association (NECA) have said the recent increase of the Monetary Policy Rate by the Central Bank of Nigeria...