CIBN Urges Government to Remove Fuel Subsidies, Deregulate Economy The Chartered Institute of Bankers of Nigeria (CIBN) has urged the Federal Government to remove subsidies, deregulate the economy fully and ensure there are modular refineries. This was disclosed by the President of the CIBN, Dr Bayo...

Private Sector Accounts For 91% Financial Flow Into Nigeria - Pantami   The Minister for Communication and Digital Economy, Isah Ali Pantami, said yesterday that the private sector controls about 91 per cent of financial flow into the country. The minister spoke while briefing members of the...

IMF Raises It's Forecast For Nigeria's Economic Growth To 3.4%   The International Monetary Fund (IMF) has raised its forecast for Nigeria’s economic growth in 2022 to 3.4 per cent, citing increase in crude oil prices. However, the IMF reduced its projection for global growth to 3.6...

GandujeRoadGate: Three Years after Approval of N381m for 1KM Abandoned Road, Stonegate Denies Receiving Money …… Payment Voucher of N49m Raised …… Company is Registered, we only Changed Name, Says Contractor From Usman Bello Balarabe Further developments, claims and counterclaims have continued to trail last week’s report...

IMF to Nigeria: Reduce Public Debt To Avoid "Doom Loop" International Monetary Fund has expressed concerns about a potential “doom loop” for Nigeria and other emerging economies. According to the IMF’s April 2022 Global Financial Stability Report, the average ratio of public debt to the gross...

FCTA Seals Ministry Of Works, Others Over N10bn Debt The Federal Capital Territory Administration (FCTA) has sealed the Federal Ministry of Works, Federal Character Commission, Merit House Maitama and Murg Plaza over waste management debts owed to Abuja Environmental Protection Board (AEPB). The Director of the...