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Nigeria, Others to Experience Food Insecurity – Report

Nigeria, Others to Experience Food Insecurity - Report The Food and Agriculture Organisation (FAO) has disclosed that the benchmark index of international food commodity prices declined for the eleventh consecutive month in February. According to a report obtained from FAO’s website, showed that Food Price Index...

S’Court Order/Cash Crunch: Banks in Partial Compliance, Others Await CBN Directives

S’Court Order/Cash Crunch: Banks in Partial Compliance, Others Await CBN Directives Many Deposit Money Banks are yet to comply with the Supreme Court order approving the use of old N1,000 and N500 and N200 notes as legal tender for 10 months. While few banks have commenced...

OML 18: NNPCL, JV partner Dismiss Eroton as Operator

OML 18: NNPCL, JV partner Dismiss Eroton as Operator The non-operating joint venture partners of Oil Mining Lease 18 have announced the  appointment of NNPC Eighteen Operating Limited as operator of OML 18 to replace Eroton Exploration and Production Limited. The Chief Corporate Communications Officer, Nigerian...

2023 Census: FG Seeks N327bn Donor Funding

2023 Census: FG Seeks N327bn Donor Funding The Federal Government has planed to establish a basket fund to collect donations for the 2023 population and housing census. The Minister of State for Budget and National Planning, Clem Agba, made this disclosure at a high-level partners engagement...

In 11 months, FG Records N7.34tn Fiscal Deficit – CBN

In 11 months, FG Records N7.34tn Fiscal Deficit - CBN The Central Bank of Nigeria has disclosed that it recorded N7.34tn fiscal deficit for the Federal Government between January 2022 and November 2022. The CBN revealed this in the statement presented by a member of the...

Fed Govt Releases N309bn Grant To Exporting Firms

Fed Govt Releases N309bn Grant To Exporting Firms   The Federal Government has approved the disbursement of N308, 458, 160, 546.41 worth of promissory notes to 199 exporting companies. According to a statement signed by the Head, Corporate Communications, Nigerian Export Promotion Council (NEPC) Ndubueze Okeke, the...