External Reserves Slides To Four Months Low At $39.98bn
The external reserves have fallen below the $40bn mark to the lowest point in over three months, figures from the Central Bank of Nigeria have revealed.
The reserves dropped to $39.82bn on February 2, 2022 from $40.53bn...
FG Shops For N5.9trn To Deliver Multiple Rail Projects As China Ditters
With a protracted delay from China in opening up funds for Nigeria, the federal government is turning to the British market where it expects to raise $14.4 billion (about N5.993 trillion) at least...
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By Abdulrahman AbdulraheemÂ
The PAMO University of Medical Sciences, located in Port Harcourt, Rivers state capital, has been thrown into turmoil and uncertainty over a major disagreement between the management of the School and parents of the students.Â
Parents are up in arms against the Management...
The Senate Committee on Public Accounts has cleared the Bureau of Public Enterprises (BPE) of allegations of financial impropriety brought against it by the Office of the Auditor General of the Federation (OAuGF).
This is contained in a statement issued by Mr Ibeh Chidi,...
'Nigeria To End 2022 With N12.6trn Deficit'
The Group Managing Director, Cowry Asset Management Limited, Mr. Johnson Chukwu has projected that Nigeria may end 2022 with N12.6trillion deficit
He noted that with narrow expectation of revenue generation, the federal government’s projection of increasing revue in 2022...
'Nigeria Now Depends On IMF, W/Bank Loans To Pay Workers’ Salaries'
​A Professor of Virology and member of the World Health Organisation’s Technical Advisory Group on COVID-19 Vaccine Composition, Oyewale Tomori, has lamented the refusal of successive administrations in Nigeria to invest in science and...
