Nigeria’s Inflation Rate May Be Among World’s Highest In 2022 – W/Bank   The World Bank has said Nigeria may have one of the highest inflation rates globally in 2022, with increasing prices diminishing the welfare of Nigerian households. According to the World Bank, Nigeria is projected...

In Nine Months, Pension Contributors Rose By 245,385 – PenCom   The number of workers with pension accounts under the Contributory Pension Scheme rose by 245,385 in nine months to 9,461,173. The latest data obtained from the National Pension Commission on ‘Total RSA registrations as at 30...

External Reserves Gained $5.12bn In 2021 On Eurobond Debt, IMF Fund, Others   The country’s external reserves rose by $5.12bn in 2021, according to the data obtained from the Central Bank of Nigeria. The CBN revealed that the reserves, which ended December 2020 at $35.37bn, rose to...

President Muhammadu Buhari has ordered the release of N3.94 trillion that was provided for the implementation of capital projects by MDAs in the 2021 fiscal year. The President made this announcement during the 2022 Budget signing ceremony at the State House, Abuja on Friday. The...

Panel Summons Clerk As AG says NASS’s N9.4bn Unaccounted For     The Office of the Auditor General for the Federation has issued audit queries against the National Assembly and the National Assembly Service Commission over expenditures amounting to N9.424bn in 2019 which have not been allegedly...

NIPC Generated N11.91bn IGR In Five Years     The Nigerian Investment Promotion Commission (NIPC) generated a total of N11.91 billion as Internally Generated Revenue (IGR) between January 2016 and June 2021, it disclosed in a recent report. The report also showed that of the amount realised in...