Monetary

Reps Pass NCC N553.7bn Budget     The President Muhammadu Buhari has transmitted to the House of Representatives, the proposed budget of the Federal Capital Territory for...

RMAFC, EFCC Uncovers Oil Firms’ $205m Unremitted Funds   The Revenue Mobilisation Allocation and Fiscal Commission(RMAFC) has said that it discovered $205.01m unremitted to the federation...

FG Pledges Continued Skills Development To Deepen $420bn Economy   The Federal Government has pledged to continue skills acquisition programmes across Nigeria to deepen the economy...

CBN Disburses N1tn to Anchor Borrowers Programme The Central Bank of Nigeria is targeting 95 per cent financial inclusion by 2024. In line with that, the...

Senate Summons CBN Gov, Finance Minister, Others Over N500bn Loan Disbursement   An ad-hoc committee set up by the Senate to investigate the disbursement of development...

Nigeria’s Oil And Revenue Now $742.48bn - NEITI   The Nigeria Extractive Industries Transparency Initiative (NEITI) has said the Federal Government has earned $741.48billion revenue from...

Nigeria Loses $2bn To Oil Theft In Eight Months   The ad-hoc committee set up by the Senate to investigate oil theft and consequent damage on...

Humanitarian minister blames Ahmed for N206bn budget padding Senate, Ministers Battle Over N206bn Budget Padding  The Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya...

FG to Disburse $1bn World Bank Grant to States The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has disclosed that $1 billion...

Reps Begin Probe Of N6.5bn Unrecovered Revenue   The House of Representatives on Tuesday commenced investigation into activities of the Board Management of Lagos International Trade...

Report Reveals 7000 firms, MDAs Owe FG N5.2trn   Eleven ministries, departments and agencies of the government as well as over 7000 corporate and private entities...

Fed Govt Received $339m From World Bank In 2022   The Federal Government has received $338.98m from the World Bank in 2022, which it plans to...

DMO Cautions FG, Says Nigeria Can’t Survive With Endless Debt The Debt Management Office has revealed that it has been challenging for Nigeria to borrow...

CBN Released $3.5bn For Foreign Education Under Buhari's Administration     Data obtained from the website of the Central Bank of Nigeria on Sunday revealed that Nigeria’s...

Reps Summon 63 Agencies For N2trn Illegal Spending   The House of Representatives Committee on Public Accounts has summoned 63 institutions of the Federal Government for...

NASS Queries NEITI On N960m Personnel Cost   The Senate Committee on Public Accounts has queried the Nigeria Extractive Industries Transparency Initiative over a N960m personnel...

US Dollar Crashes as Naira appreciates to N740/$ at Black Market For the first time in this month, November 2022, the Nigerian currency, Naira has...

In Two Years, AMCON Recovers N307bn Debt The Asset Management Corporation of Nigeria says it has recovered a total of N307 billion debts between 2020...

NASS Probes MDAs Over N600bn Illegal Spending   The House of Representatives Committee on Public Accounts has commenced a full-scale investigation of 115 ministries, departments and...

UK Pledges £200m For Nigeria, Others To Fight Climate Change   The Foreign Secretary of the United Kingdom, James Cleverly, has said the UK will significantly...