…Kachikwu Negotiates Key Agreement To Ensure Nigeria Is Exempted From The Production Cut
Rising from its 171st meeting held at Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, OPEC reached a landmark deal that will effectively cut production...
The news conference by the Honourable Minister of Finance, Mrs. Kemi Adeosun on Thursday, December 1, 2016, an outcome of an audit exercise carried out and that a committee in the Office of the Accountant General of the Federation...
The Federal Government has said that the Central Bank of Nigeria and sixteen other government agencies are to refund the sum of N450 billion which represents outstanding and recoverable operating surpluses in line with the Fiscal Responsibility Act (FRA).
Finance...
A group under the aegis of Information for Democracy and Development (IDD), a non-governmental Organization (NGO) has berated undue interference and unconstructive criticism of the Financial Reporting Council of Nigeria ,FRC and its current Executive Secretary/CEO, Mr Jim Obazee.
In...
The nation’s power generation capacity has dropped from 4,285 megawatts recorded on Sept. 16 to 3,321 megawatts on Dec. 1 due to dearth of gas.
NAN reports that this figure was obtained from the website of Nigerian Electricity System Operator.
The...
The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs).
The loan was initiated to also finance infrastructure and women-owned enterprises in...
