TETFund Alerts Public Of Fraudulent Activities The management of Tertiary Education Trust Fund (TETFund) has alerted the public of fraudulent activities by some individuals, using the Fund”s name under different guise to swindle unsuspecting persons. The TETFund Acting Director, Public Affairs,...

Fed Govt Overshoots Debt Servicing By N1.15trn In 11 Months     The Federal Government exceeded its debt service allocation by N1.15tn for the period between January and November, 2021, documents have shown. A copy of the public presentation of the 2022 approved...

Buhari Endorses Nigerian Diaspora Investment Trust Fund   President Muhammadu Buhari has approved the establishment of the Nigerian Diaspora Investment Trust Fund (NDITF). NDITF is a private sector investment window with Nigerians in the Diaspora to support direct investments in the country. The...

‘NPA To Refund N40.13bn, $921.64m To FG’   The Auditor-General for the Federation has indicted the Nigeria Port Authority (NPA) for failure to recover and remit N40.126 billion, $921.636 million and 289,931.82 pounds to government treasury from various revenue sources in...

Fed Govt Pledges Increased Forex Sale To Manufacturers   The Federal Government through the Minister of Industry, Trade and Investment, Niyi Adebayo, has assured manufacturers of its support to enable them to get good returns on their investments. The minister, who gave...

CBN May Increase Interest Rate This Year - Report   A new report has said likely stronger dollar demand will convince the Central Bank of Nigeria of the need to tighten monetary conditions as with the trend across global central banks...