Reps To Bar CBN Chiefs From Politics   The House of Representatives has begun the process of disqualifying politicians and persons with political affiliations from taking leadership positions in the Central Bank of Nigeria. Serving top officials of the apex bank will...

Made-in-Nigeria Products Decline By 27% To N7.4trn   The monetary value of goods produced by Nigerian manufacturers has nosedived by 27 per cent between 2017 and 2021. According to a five-year data obtained from the Manufacturers Association of Nigeria (MAN) N9.43 trillion...

No Immediate Solution To Aviation Crisis, Says FG   There are no immediate solutions to the current crisis rocking Nigeria’s aviation sector as the cause of the major challenge in the industry is a global issue, the Federal Government declared on...

IMF Retains Nigeria’s Growth Prospect At 3.4%   The International Monetary Fund (IMF) has retained projected economic growth of 3.4 per cent for Nigeria in 2022. The Washington-based institution disclosed this on Tuesday in its World Economic Outlook (WEO) for July 2022...

FG, States Share N802bn As FAAC Allocation Rises By 18%   The federal, state and local governments shared N802.407bn as federation allocation for the month of June, 2022. This represents 18 per cent increase from N681bn shared in May. The sharing decision...

FG Seeks Investors For Bitumen Development   The Federal Government is seeking national and international investors interested in the development of the nation’s 42 billion barrels of Bitumen reserves. Speaking at a virtual session organized by the Ministry of Mines and Steel...