FEC Okays N829m To Rehabilitate Anambra-Enugu Link Road   The Federal Executive Council (FEC) on Wednesday in Abuja approved the sum of N829.8 million as revised estimated cost for the rehabilitation of a road linking Anambra and Enugu States. Contract for the...

Air Nigeria: FEC Approves $352m Transactionary Advisory Fees   The Minister of Aviation, Hadi Sirika said the Federal Executive Council has approved the sum of $352m for Air Nigeria’s transactionary advisory fees for its Consultants This is as the federal government has...

Telecom: Akabueze Contradicts Pantami, Says 5% Tax Stands   Contrary to the pronouncement by the minister of communications and digital economy, Isa Ali Pantami, that the five percent telecom levy had been suspended, the director-general of the Budget Office, Ben Akabueze,...

eNaira: Changing the Narrative of Financial Transactions in Nigeria, by Abbas Badmus   The idea of eNaira comes from the ever-expanding developments in digitalization and the need for a secured means of effecting transactions accross borders. eNaira is a Central bank digital...

Currency In Circulation Drops To N3.24trn   Currency in circulation fell by N107.08bn from N3.35tn in April to N3.24tn in July, latest figures on currency from the Central Bank of Nigeria has revealed. According to the CBN, the CIC which stood at...

Navy Destroys N30bn Illegal Refinery Assets   The Nigerian Navy (NN) has destroyed assets worth over N30 billion belonging to illegal refinery operators in the Niger Delta, in its war against oil theft. Commodore Adedotun Ayo-Vaughan, Director of Information, NN, said the...