Sunday, April 2, 2023
Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq

FG Says Nigeria Lost N3trn During 2022 Flood

FG Says Nigeria Lost N3trn During 2022 Flood   Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouk, has disclosed that the...

Extend Deadline of Old Notes Till February, Islamic Group Tells FG

Extend Deadline of Old Notes Till February, Islamic Group Tells FG An Islamic group, Muslim Rights Concern, MURIC, has appealed to the Federal Government to...
Rail Project

FG Earmarks N21bn To Modernise Railway Operations

FG Earmarks N21bn To Modernise Railway Operations   The Federal Government has earmarked the sum of N21.09bn for railway modernisation, rehabilitation and maintenance of ongoing railway...
Pension

PFAs Generate N266bn From Fixed Income Securities

PFAs Generate N266bn From Fixed Income Securities   The Pension Fund Administrators (PFAs) recorded N266.13bn gain from investment of pension funds in fixed-income securities in the...

How CBN’s Cash Withdrawal Limit Policy is Promoting Acceptance of e-Naira

At the launch of the e-Naira, a lot of Nigerians were not enthusiastic about the innovation as they were skeptical about its workability in the country.
Nigerian Railway Corporation

Railway Debt Servicing Gulps N246bn

Railway Debt Servicing Gulps N246bn   The Federal Government spent $548.67m (N246.11bn using the official exchange rate of N448.55 to a dollar by the Central Bank...
Fuel Subsidy

EFCC Recovers N13bn Illegal Fuel Subsidy Payments

EFCC Recovers N13bn Illegal Fuel Subsidy Payments   The Economic and Financial Crimes Commission (EFCC) recovered about N13bn as proceeds of illegal payments made under the...
President Muhammadu Buhari

N22trn Loan To Attract Additional N1.8trn Interest, Says Buhari

N22trn Loan To Attract Additional N1.8trn Interest, Says Buhari   President Muhammadu Buhari on Tuesday, signed into law the 2023 budget proposal of N21.83tn along with...
President Muhammadu Buhari, President of Nigeria

In Five Years, Presidential Panels Gulp N15bn

In Five Years, Presidential Panels Gulp N15bn   About N14.79bn was earmarked for presidential committees supervised by the Office of the Secretary to the Government of...
Nigerian Immigration Service

Immigration Generates N438bn From Passport Issuance, Others

Immigration Generates N438bn From Passport Issuance, Others   The Nigeria Immigration Service (NIS) has generated N438.78bn as revenue from 2017 to date. This came as the total...
Central Bank of Nigeria, CBN

Credit To Private Sector Increases By N6.4trn In 11 Months

Credit To Private Sector Increases By N6.4trn In 11 Months   With banks increasing interventions in the real sectors, credit to private sector increased to N41.58...

World Bank to CBN: Review RT-200 FX Policy to Stabilise Economy

World Bank to CBN: Review RT-200 FX Policy to Stabilise Economy The World Bank has requested the Central Bank of Nigeria to reconsider its RT-200...
FEC Meeting

FG Approves N386.75bn for Works, Power, Transport Ministries

FG Approves N386.75bn for Works, Power, Transport Ministries The Federal Executive Council has approved a total of N386.75 billion for various projects in the federal...
AGF Ahmed Idris

Court Orders Interim Forfeiture of $899,900, N304.5m, 15 Properties Recovered From Ex-AGF, Ahmed Idris

Court Orders Interim Forfeiture of $899,900, N304.5m, 15 Properties Recovered From Ex-AGF, Ahmed Idris   A Federal Capital Territory High Court has ordered the interim forfeiture...
The Nigerian Senate

Senate Probes Accountant-General Over Alleged N978bn From SWVs

Senate Probes Accountant-General Over Alleged N978bn From SWVs   The Senate on Tuesday began probing the Office of the Accountant-General of the Federation over the N978billion...
Brig.Gen. Mohamed Buba Marwa (Retd)

How We Seized 5,500 Tons Of Drugs Worth N450bn In 22 Months – Marwa

How We Seized 5,500 Tons Of Drugs Worth N450bn In 22 Months - Marwa     The Chairman of the National Drug Law Enforcement Agency, NDLEA, Brig....
President Muhammadu Buhari

Buhari Says FG Generated $547m From 5G Auction

Buhari Says FG Generated $547m From 5G Auction   President Muhammadu Buhari has disclosed that the auctioning of the 5G spectrum generated $547 million into federal...
Nigerian Customs Service, NCS

Customs Impounds Indian Hemp, Rice, Others Worth Over N1bn

Customs Impounds Indian Hemp, Rice, Others Worth Over N1bn   The Federal Operations Unit, FOU Zone A of the Nigeria Customs Service (NCS) said it has...
Presidency

Stamp Duty: Presidency Knocks Kazaure Over N89trn Claim

Stamp Duty: Presidency Knocks Kazaure Over N89trn Claim   Following controversies trailing a claim of a missing N89.09trn allegedly siphoned from stamp duty charges, the Presidency...
NCC Executive Vice Chairman, Umar Danbatta

Lawmakers Pass NCC’s N559bn Budget

Lawmakers Pass NCC’s N559bn Budget   The Senate, at a plenary on Tuesday, passed the 2023 budget of the Nigerian Communications Commission (NCC) following the presentation...
X whatsapp