Reps Give Banks 14 Days To Remit N10bn Customs Duties To FG     The House of Representatives Committee on Customs has given two weeks ultimatum to five commercial banks to reconcile accounts and remit all outstanding customs duties to the federal government. The Chairman of the Committee,...

National Development Plan Implementation To Gulp N350trn – FG The Federal Government has said that the 2021 National Development Plan will require a total of N350tn for infrastructural projects over the next five years. The Minister of State for Finance, Budget and National Planning, Clem Agba,...

Reps Fault Budget Deficit, Loans, Threaten MDAs     The House of Representatives on Wednesday began the second reading of the 2022 Appropriation Bill during which members debated the general principles of the national budget. The lawmakers took turns to criticise the internal and external borrowings by the...

IMF Increases Nigeria’s 2021 Growth Prospect To 2.6%   The International Monetary Fund has increased Nigeria’s growth prospect to 2.6 per cent and 2.7 per cent for 2021 and 2022, respectively, despite reducing the rate of global growth prospect due to the COVID-19 Delta variant. According to...

Senate Concludes Debate On 2022 Budget The Senate will on Wednesday (today) conclude its debate on the general principles of the 2022 Appropriation Bill which it started on Tuesday. The President of the Senate, Ahmad Lawan, presided over the plenary, where senators bared their minds on...

Fed Govt To Auction N150bn Bonds In October The Debt Management Office said on Tuesday that the Federal Government will offer N150bn bonds for subscription in October. A circular by the DMO on its website showed that the breakdown of bonds consisted of three bonds worth...