Electricity

Electricity Consumers Pay N783bn as Subsidy Gulps N376bn

Electricity Consumers Pay N783bn as Subsidy Gulps N376bn   The Federal Government spent N375.8bn on electricity subsidy between January and September this year, as power consumers...
Naira Against Dollar

Naira Appreciates Against Dollar at Forex Market

Naira Appreciates Against Dollar at Forex Market The Naira appreciated against the US dollar on Thursday at the official and parallel foreign exchange markets. Official data...
Electricity

FG To Spend N600bn On Electricity Subsidy In 2023

FG To Spend N600bn On Electricity Subsidy In 2023   The federal government might have to pay N600bn as electricity subsidy in 2023. The Chairman/CEO of the...
The Nigerian Senate

Senate Condemns Trade Ministry Over Alleged N1bn Geneva Trip

Senate Condemns Trade Ministry Over Alleged N1bn Geneva Trip   The Senate Committee on Trade and Industry on Tuesday condemned the alleged allocation of N1bn for...
Budget Box

2024 Budget: FG To Spend N837bn On 2,254 Bridges, Roads

2024 Budget: FG To Spend N837bn On 2,254 Bridges, Roads   The Federal Government is planning to rehabilitate and construct 1,925 roads and highways across the...
Pension

PFAs Generates N8trn Profit From Pension Investments

PFAs Generates N8trn Profit From Pension Investments   The Pension Fund Administrators (PFAs) have recorded N7.98tn profit from investing contributions made by workers into their Retirement...

Tinubu’s Vision to Revitalise Nigeria’s Economy with Privatisation, Commercialisation, PPPs – Shettima

Tinubu's Vision to Revitalise Nigeria's Economy with Privatisation, Commercialisation, PPPs - Shettima Vice President Kashim Shettima has implored new members of the National Council on...
The Nigerian Senate

Senate Probes Customs Over Alleged Failure to Remit N62bn

Senate Probes Customs Over Alleged Failure to Remit N62bn   The Senate Public Account Committee has launched investigation into how Nigerian Customs Service failed to remit...
Budget Box

2024 Budget: FG to Spend Over N57,427,575 on State House Residential Rent

2024 Budget: FG to Spend Over N57,427,575 on State House Residential Rent   The Federal Government has proposed to spend over N57,427,575 on residential rent in...
Presidency

2024 Budget: FG to Spend N6.5trn on Personnel Costs

2024 Budget: FG to Spend N6.5trn on Personnel Costs   Federal Government will spend a total of N6.48 trillion (inclusive of N1.02 trillion for government enterprises...
President Bola Ahmed Tinubu

President Tinubu Seeks Fresh $8.699bn, €100m Loans

President Tinubu Seeks Fresh $8.699bn, €100m Loans   Barely one month after seeking approval for $7.8 billion and €100 million loans from the National Assembly, President...
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...
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...
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...
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...
Wale Edun cardoso

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...
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