Report Reveals Nigeria Spent N75bn On Hazardous Imports   A non-governmental organisation, Sustainable Research and Action for Environmental Development (SRADev) has said that between 2020 to 2021, Nigeria spent N75bn on the importation of highly hazardous pesticides. The Executive Director, SRADev, Dr Leslie Adogame, said this while...

Fed Govt Earmarks $7bn For Poverty Reduction   The Federal Government says it has earmarked about $7 billion within the last seven years in its efforts to pull 100 million Nigerians out of poverty through its National Social Investment Programme in the country. The Minister of Humanitarian...

Fed Govt’s Earnings From Spectrum Sales Rise To $1.09bn   The Federal Government through the Nigerian Communications Commission (NCC) is set to make at least $1.09bn (N476bn) from the sale of four 5G spectrums. This is after the NCC revealed in a new ‘Information Memorandum on 3.5...

In One Year , Airfares Rose By 96.87%   The National Bureau of Statistics has stated that air transportation rose by 96.87 per cent in one year. In its report titled ‘transport fare watch’ (September 2022), the Bureau noted that the average fare paid by air passengers...

Strategic Capital Investment Ltd Acquires Polaris Bank for N1.355 Trillion The Central Bank of Nigeria has announced the completion of the sale of Polaris Bank. This was contained in a statement by the CBN’s Director, Corporate Communications, Osita Nwanisobi, on Thursday. In it, the CBN announced the...

FG Budgets N3.36trn For Controversial Fuel Subsidy In H1, 2023   The Federal Government has disclosed that N3.36trillion has been earmarked for fuel subsidy in the first half of 2023. This was made known by Zainab Ahmed, the Minister of Finance and Budget Planning, on Wednesday in...