Corruption: CISLAC Urges ICPC To Dig Deep Into Embattled Military Contractor   Civil Society Legislative Advocacy Centre, CISLAC, on Sunday, called on President Muhammadu Buhari to investigate the issue of corruption uncovered by the Independent Corrupt Practices and Other Related Offences...

Telecom Firms’ Operating Costs Increased By N265bn – NCC   The operating costs of telecommunication companies in Nigeria rose from N1.4tn in 2020 to N1.66tn in 2021, showing an increase of N265.25bn. This is according to the ‘2021 Subscriber/Network Data Annual Report’...

FG Spends N1.243trn Monthly As Fuel Subsidy Hits N600/litre   The amount spent as subsidy by the Federal Government on every litre of Premium Motor Spirit, popularly called petrol, consumed in Nigeria is currently above N600, oil sector operators stated on...

Credit to Private Sector Hits N3.01trn In Five Months   With the Central Bank of Nigeria (CBN) retaining 65 per cent minimum Loan-to-Deposit Ratio (LDR), among other policies to boost lending, credit to private sector between January and May 2022 added...

Importation Of Raw Sugar Gulps N410.6bn In 12 Months   Raw sugar to the tune of N410.6 billion was imported to Nigeria in one calendar cycle from the second quarter of 2021 to the first quarter of 2022, reports by the...

FG’s Borrowing From Local Investors Rises By 21% In H1, 2022   The Federal Government borrowed N4.2 trillion from local investors in the first half of the year (H1’22), representing 21 per cent, year-on-year YoY, increase from N3.89 trillion borrowed in...