FG Gets $800m for Mass Transit, Cash Transfers
The Federal Government has borrowed $800m from the International Bank for Reconstruction and Development (World Bank) to provide post-petroleum subsidy palliatives for over 50 million Nigerians ahead of June 2023.
The Minister of Finance, Budget and National Planning,...
W’Bank Warns Incoming Govt, Projects Weak Economic Growth, Others
The World Bank has said that the incoming administration in Nigeria will face weak economic growth and policy challenges this year.
In its latest Africa’s Pulse report for April 2023, published on Wednesday, the bank predicted...
Senate Charges NNPC for Mismanagement of N102bn Crude Oil Deliveries
Senate has indicted Nigeria National Petroleum Company Limited for poor record-keeping for crude oil deliveries to Warri Refinery and Petrochemical Company and Kaduna Refinery and Petrochemical Company worth $376, 655,589 (N102.6bn).
The indictment stemmed from the...
GOGETIT Takes CBN's e-Naira Crusade to Bwari, Onboard Residents
GOGETIT Investment Ltd, a firm engaged by the Central Bank of Nigeria (CBN) to propagate the e-Naira message, has organised a sensitisation workshop for residents of Bwari in the Federal Capital Territory, Abuja.
The firm on Wednesday...
Book Launch: Danbatta, Kyari, others to Receive Merit Award
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta and Mr Mele Kyari, the Group Managing Director of Nigeria National Petroleum Company Limited (NNPCL) are among Nigerians to be honoured with merit...
Capital Importation Records 4th Decline To $1.06bn In Q4, 2022
Capital imported into the country recorded the fourth consecutive quarterly decline to $1.06 billion in the fourth quarter of 2022 (Q4’22), from $1.15 billion in Q3’22.
Data from the National Bureau of Statistics (NBS) Capital importation...
