FG Approves N1.42trn For Infrastructure   The Federal Government will spend N3.53 trillion on infrastructure and human capital development. Minister of Finance, Budget and National Planning Mrs. Zainab Ahmed made this known in Abuja at the Town Hall Meeting on the achievements of the government in infrastructure...

LIRS Targets N550bn For Transformation   Lagos State Internal Revenue Service (LIRS) is targeting N550 billion revenue to assist the government to transform the state. Director, Personal Income Tax, LIRS, Ayodele Adebayo, who spoke in Lagos yesterday, noted that there was an increasing population coming into the...

Fed Govt To Partner CBN, SEC On National Savings Scheme   The Minister of Finance, Budget and National Planning, Zainab Ahmed on Tuesday received the National Savings Scheme Report from the Working Group, with a pledge to collaborate with stakeholders in implementing the recommendations. The working group...

IMF To Nigeria: End fuel subsidies, Ignore Protests With controversy swirling around Nigeria's fuel subsidies, the International Monetary Fund (IMF) asserts that removing fuel subsidies will be the only solution to the country's economic recovery. The Executive Directors of the World Economic Outlook report recommended that...

Nigeria's Fuel Crisis Worsens With Oil Prices Dropping Friday , 18-02-2022's oil price drop came as fuel scarcity continues to plague Nigeria, West Africa's largest economy. After climbing to $92.94 on Thursday, Brent crude future fell 1.52 percent to $91.46 at 10:30 AM Nigerian Time. According...

Nigerian Insurance Sector Rebounds, Records 8.01% Annual Growth   The Nigerian insurance industry grew by 8.01 per cent in 2021, compared to a negative growth rate of 13.29 per cent in 2020, figures obtained from the National Bureau of Statistics have shown. The NBS, in its Gross...