House of Representatives

Reps Query Ministry Over N4bn Spend on Recruiting 100 Sanitation Personnel

Reps Query Ministry Over N4bn Spend on Recruiting 100 Sanitation Personnel   The House of Representatives Public Account Committee has queried the Ministry of Water Resources...
Climate Change

Report Reveals Nigerian Investors Raise $94bn Climate Capital

Report Reveals Nigerian Investors Raise $94bn Climate Capital   It has been revealed that retail investors are able to raise $94bn towards climate change financing in...
Formal Managing Director of NIRSAL, Mr Aliyu Abdulhameed

Ex-NIRSAL Boss, Abdulhameed Arrested Over N5.6bn Wheat Project Scam

Ex-NIRSAL Boss, Abdulhameed Arrested Over N5.6bn Wheat Project Scam   Mr Aliyu Abdulhameed, a former Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural...
CBN Governor, Olayemi Cardoso

In Five Years, Nigeria’s Revenue Declined by $1.4bn

In Five Years, Nigeria’s Revenue Declined by $1.4bn   The Governor, Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has revealed that the country’s revenue suffered...
National Bureau of Statistics, NBS

Companies Raise Employees’ Salaries by 18.35% in Six Months

Companies Raise Employees' Salaries by 18.35% in Six Months   To combat rising inflation in the country, companies increased the salaries of their staff members by...
Aisha Umar Dahir, PenCom DG

PFAs Invested N130bn in Infrastructure – PenCom

PFAs Invested N130bn in Infrastructure – PenCom   Pension Fund Administrators (PFAs) invested N130.18 billion funds under the Contributory Pension Scheme in infrastructure as of the...
Foreign Airlines

Nigeria Leads as Airlines’ Trapped Funds In Africa Hit $1.68bn – IATA

Nigeria Leads as Airlines’ Trapped Funds In Africa Hit $1.68bn - IATA   Foreign airlines’ trapped funds in Africa hit a record $1.68 billion by the...
Dave Umahi, Minister of Works

$35bn Required to Execute Concrete Road Projects – Umahi

$35bn Required to Execute Concrete Road Projects - Umahi   The Minister of Works, David Umahi, has revealed that the government needs $35bn to kick start...
Nigerian States Governors

States Borrow N988trn, Spend N1.7trn on Meals, Trips, others

States Borrow N988trn, Spend N1.7trn on Meals, Trips, others   The 36 states of the federation have spent N1.71tn on recurrent expenditures including allowances, foreign trips,...
Nigerian Forex Market

Jigawa, Akwa-Ibom Lead as States Record $910m Forex Gain

Jigawa, Akwa-Ibom Lead as States Record $910m Forex Gain   No fewer than 13 state governments recorded significant Foreign exchange revaluation profits worth N71.59 billion in...
Aisha Dahiru Umar, PenCom DG

222,141 Workers Dump PFAs, Move N908bn – PenCom

222,141 Workers Dump PFAs, Move N908bn – PenCom   No fewer than 222,141 workers have changed their Pension Fund Administrators and moved N908.363bn from their Retirement...
Inflation Rise, Inflation

‘Inflation Jumps 24 Times in 25 Months’

'Inflation Jumps 24 Times in 25 Months'   Nigeria has experienced 24 times an increase in inflation in the past two years (25 months). This is according...
Central Bank of Nigeria, CBN

Currency in Circulation Hits New High

Currency in Circulation Hits New High   As latest data indicate, the currency in circulation (CIC) reached a new high of N2.99 trillion at the end...
nigeria celebrity endorsement mtn airtel, etisalat, glo

MTN, Airtel, Glo, Other Telecom Operators Threaten to Increase Tariffs

MTN, Airtel, Glo, Other Telecom Operators Threaten to Increase Tariffs The Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Nigerian Communication Commission (NCC)...
CBN

Monetary Reforms Yielding Positive Results – CBN

Monetary Reforms Yielding Positive Results - CBN The Central Bank of Nigeria said that its monetary policy reforms are beginning to have positive effects on...
Fuel Pump

Fuel Scarcity: Queues Return to Abuja as Price Increases

Fuel Scarcity: Queues Return to Abuja as Price Increases Long queues for petrol resurfaced in Abuja and environs yesterday, amidst speculations about a possible pump...
Inflation Rise, Inflation

Nigeria’s Inflation Hits 27.33% as Food Prices Soar

Nigeria’s Inflation Hits 27.33% as Food Prices Soar   Nigeria’s annual inflation rate rose to 27.33 per cent in October from 26.72 per cent in the...
Wale Edun

We’re Targeting $13bn Revenue From National Assets – Finance Minister

We're Targeting $13bn Revenue From National Assets - Finance Minister   Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun yesterday in Lagos...
Nigerian Customs Service, NCS

Seme Customs Generate N8bn From Exports

Seme Customs Generate N8bn From Exports   The Nigeria Customs Service, Seme Area Command, said it facilitated N8bn worth of export cargoes from September till date. The...
DG SEC, Dr. Lamido Yuguda

Collective Investment Funds Now N2.1trn – SEC

Collective Investment Funds Now N2.1trn – SEC The Director General of the Securities and Exchange Commission (SEC) Lamido Yuguda, has said the amount of Collective...
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