FG Targets 0.6% Poverty Rate, 6.3% Unemployment Rate The Federal Government says it targets to reduce the poverty rate to 0.6 per cent and the unemployment rate to 6.3 per cent by 2030 and 2050 agenda. The Minister of Budget and Economic Planning, Atiku Bagudu, said...

FG Set to Fund 53 Road Projects With N150bn Sukuk Bond - DMO The Federal Government said it would use the net proceeds of its ongoing N150 billion Sukuk issuance to fund some 53 road projects across the country. Director General, Debt Management Office Ms. Patience...

Guinness Stops Importation of Premium Spirits to Reduce FX Exposure Guinness Nigeria Plc, one of Nigeria’s leading beverage makers, plans to stop the importation and distribution of certain Diageo international premium spirits effective from April 2024, the company said in a statement. The premium spirits include;...

Africa Will Earn Over $70bn From Internal Trading – AfCFTA The Africa Continental Free Trade Area has said that internal trading will earn Africa more than $70 billion development assistance. The Chief of Staff of the AfCFTA Secretariat, Silver Ojakol, made the assertion at the 2023...

NDIC Begins N16bn Dividends Payment to 20 Defunct Bank Depositors The Nigeria Deposit Insurance Corporation (NDIC) has announced the declaration of N16.18 billion liquidation dividends to depositors, creditors, and shareholders of 20 banks in liquidation. In a statement issued yesterday by the Director, Communications and Public...

There is an uneasy calm at NDPHC over the alleged fraudulent and immediate promotion of four General Managers on level 16 to the level of Directors on level 17 in order to force them out of office in line with a recent circular from the Head of Civil Service