FG Unlocks N3bn for Micro-enterprises in 9 Months
The federal government has unlocked N3 billion, through the National Enterprise Development Programme (NEDEP), for micro enterprises across all the states of the federation...
Fed Govt earns N6.6tr in eight months, says CBN report
• August earnings dip to N760b
Federal Government’s total gross revenue for eight months ended August stood at N6.61 trillion, the Central Bank of Nigeria...
DMO pegs Fed Govt’s borrowing in 2014 at N1.24 tr
The Debt Management Office (DMO) has ruled that the maximum amount that could be borrowed in 2014 is N1,249.52 trillion or US$7.834 billion (domestic...
NASS Begins A Process To Make Growth Enhancement Scheme (Ges), A Law
The Growth Enhancement scheme (GES) – the nerve centre of the on-going agricultural revolution in Nigeria received further accolade today as National Assembly vows to sustain...
Agriculture Is Big Business, Not Social Service – Aina
Chief Olu Aina is the chairman of the recently constituted board of the Governing Council of the National Root Crops Research Institute (NRCRI), Umudike,...
CBN, NDIC takeover NERFUND over N5.7b loss
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have taken over the management of the National Economic Reconstruction Fund...
Govt, Oil Earning And The Economy
THE remarkables note about the under-implementation of the 2013 Budget is that it follows a three decades-long pattern. Government has adopted fiscal consolidation policy...
FG Reappoints Bello Mahmud as RG CAC
FG Reappoints Bello Mahmud as RG CAC
President Goodluck Jonathan has approved the reappointment of Malam Bello Mahmud for a second term in office as...
‘Investment in human capacity development, surest way to maritime industry growth’
The Nigerian Maritime Administration and Safety Agency (NIMASA) has said that its decision to invest heavily in human capital development was borne out of...
Manufacturing exporters get N12bn NEXIM funding
Nigerian Export-Import Bank (NEXIM) has stated that it has provided N12 billion in lending to Nigerian export manufacturers, many of who put the “Proudly...
Dangote To Overtake FG As Biggest Employer Of Labour
With a plan to create 750,000 jobs in the next five years and thereafter raise it to one million, Dangote Group will overtake the...
Senate, FG Bicker Over CAC Board Appointment, Budget
The Minister of Trade and Investment, Dr. Olusegun Aganga, and the Senate Committee on Trade yesterday, differed on legislative moves to amend the Company...
FG, states, LGs share N1.19tr August, September allocations
The Federation Account Allocation Committee (FAAC) yesterday approved and disbursed a whopping N1.196 trillion to the three tiers of government for the months of...
Global Recognition For Nigeria Mdgs Efforts
World leaders at the just concluded United Nations General Assembly renews their efforts toward alleviating the plight of the poor in the society as...
All-Share Index Hits 2-month High on Q3 Results
The Nigerian Stock Exchange (NSE) All-Share Index rose to a two-month high Wednesday, as investors’ expectation for impressive third quarter (Q3) results of companies...
Nigeria’s Sovereign Wealth Fund And Intergenerational Equity
On May 11, 2011 the Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which sought to establish a sovereign wealth fund to...
We aim to unlock agricultural potential to drive economy — Akinwumi Adesina
Since men have learnt to shoot without missing, Eneke the bird has learnt to fly without perching. This seems to be the approach adopted...
Nigerians in Diaspora to remit $21bn in 2013 – World Bank
World Bank report released at the weekend has said remittances from Nigerians currently in the Diaspora are estimated to increase up to $21 billion...
Completed NIPPs To Add 5,000MW To Power Generation
In a couple of month’s time about 5,000MW of power is expected to be added to generation capacity from completed National Integrated Power Projects...
NDIC, judiciary, police to prosecute operators, debtors of 103 MFBs
The Nigeria Deposit Insurance Corporation, NDIC has disclosed that plans are underway to prosecute operators and debtors who contributed to the collapse of 103...
