FG Eyes $1trn Economy Growth in 2026, $4trn in 2035 –Tinubu
The Federal Government has promised that Nigeria’s economy will grow to $1trillion in 2026 and $4 trillion by 2035.
Declaring open the 29th Nigerian Economic Summit (NES #29), yesterday, in Abuja, President Bola Ahmed Tinubu,...
FG Approves 94 Import Permits to Oil Marketers
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, says it has issued a total of 94 importation licences to oil marketers.
This was revealed by the Chief Executive, NMDPRA, Farouk Ahmed, at the opening...
FG Approves $3.45bn W’Bank loan to Finance Five Projects
The Federal Executive Council had approved the application for a $3.45bn loan to finance five projects.
They include projects in the power sector, renewable energy, states’ resource mobilisation programme, adolescent girls’ initiative for learning and empowerment and...
IGR: Taxes, MDA's Revenue Rakes in N1.93tn for States in 2022 - NBS
The National Bureau of Statistics report shows that the total Internally Generated Revenue of states in the country marginally rose to N1.93tn in 2022.
The report disclosed that the IGR figures for the...
Fuel Hits N685/litre in North
Filling stations, particularly those operated by independent marketers, now dispense Premium Motor Spirit, popularly called petrol, at prices that are higher than the bands approved by the Federal Government, with some filling stations in the North selling as high as...
Money Supply Increased to N66.42trn in September - CBN
The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s money supply increased to N66.42 trillion in the month of September 2023, a marginal growth of about 1.94 per cent from N65.15 trillion in August 2023.
The...