Sunday, September 25, 2022
Zainab Ahmed, Minister of Finance

FG To Implement Telecoms, Beverage Taxes Next Year

FG To Implement Telecoms, Beverage Taxes Next Year   The Federal Government through the Budget Office of the Federation has revealed that it will begin the...
Nigerian Stock Exchange

Foreign Investment Outflow On NGX Rises To N122.97bn

Foreign Investment Outflow On NGX Rises To N122.97bn   As uncertainty continued to mount over general elections and global economic unrest, foreign investment outflow on the...
Zainab Shamsuna Ahmed, Finance Minister

Fed Govt Pays N405bn Interest On CBN Loans

Fed Govt Pays N405bn Interest On CBN Loans   The Federal Government paid an interest of N405.93bn from January 2022 to April 2022 on the loans...
Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq

FG Says 1.9m Vulnerable Nigerians’ll Get N38bn Grants

FG Says 1.9m Vulnerable Nigerians’ll Get N38bn Grants   More than 1.9 million vulnerable Nigerians are to benefit from about N38bn being disbursed as grants of...
NDLEA officials

NDLEA Seized Over N130bn Worth Of Drugs In 17 Months

NDLEA Seized Over N130bn Worth Of Drugs In 17 Months   The National Drug Law Enforcement Agency (NDLEA) says that between January 2021 to May 2022,...
Nigerian DisCos

DisCos Blame FG On Failed N100bn Subsidy After Privatisation

DisCos Blame FG On Failed N100bn Subsidy After Privatisation   The Association of Nigerian Electricity Distributors (ANED) has blamed the federal government for failing to provide...
Central Bank of Nigeria

External Reserves Increased By $45.3m In July

External Reserves Increased By $45.3m In July   Nigeria’s external reserves added $45.3million in July, according to movement in reserves data released by the Central Bank...
Aisha Umar Dahir, PenCom DG

Pension Assets Rise By N842.73bn In H1, 2022

Pension Assets Rise By N842.73bn In H1, 2022 Assets under the Contributory Pension Scheme rose by N842.73bn in the first half of 2022 to hit...
nigeria celebrity endorsement mtn airtel, etisalat, glo

Telecom Subscribers to Pay 5% Tax on Call, Text, Data – FG

Telecom Subscribers to Pay 5% Tax on Call, Text, Data - FG The Federal Government has disclosed that telecommunications subscribers would pay five per cent...
cbn

CBN Urges Nigerians to Shun Speculative Activities – Forex

CBN Urges Nigerians to Shun Speculative Activities - Forex The Central Bank of Nigeria (CBN), has advised Nigerians not to succumb to speculative activities of...
Value Added Tax

MAN Urges FG to Remove VAT on AGO

MAN Urges FG to Remove VAT on AGO The Manufacturers Association of Nigeria (MAN) has urged the federal government to remove the 7.5 per cent...
Dollar Against Naira

Just in: Naira Crashes to N710 to a Dollar

Just in: Naira Crashes to N710 to a Dollar The Nigerian naira has crashed further in the parallel market, trading for N710 against the U.S....
Zainab Ahmed, Minister of Finance

Nigeria’s ECA Shrinks From $35m To $376,655

Nigeria's ECA Shrinks From $35m To $376,655   The Federal Government has drawn down the Excess Crude Account (ECA) to $376,655.09 from $35.377 million in May,...
International Monetary Fund

IMF Retains Nigeria’s Growth Prospect At 3.4%

IMF Retains Nigeria’s Growth Prospect At 3.4%   The International Monetary Fund (IMF) has retained projected economic growth of 3.4 per cent for Nigeria in 2022. The...

IFC Approves $35m For Food Security In Africa

IFC Approves $35m For Food Security In Africa   The International Finance Corporation (IFC) is offering a $35 million financing package to Jubaili Agrotec, a Nigeria-based...
CBN

CBN Funding to Hit N23.2trn as Debt Servicing Outpaces Revenue

CBN Funding to Hit N23.2trn as Debt Servicing Outpaces Revenue With the amount spent on debt servicing in the first four months of 2022 outweighing...
Bread Bakery

Inflation: Bakers to Increase Price of Bread by 20%

Inflation: Bakers to Increase Price of Bread by 20% The price of bread is expected to rise by 20 with the bakers divided on how...
National Bureau of Statistics

Agric Imports Exceed Exports By N443.35bn In Q1, 2022

Agric Imports Exceed Exports By N443.35bn In Q1, 2022   The value of agricultural goods imported into the country exceeded exports by N443.35bn in the first...
Director General of DMO, Patience Oniha

Yield On Nigeria’s Eurobond Prices Hit 13.76% High

Yield On Nigeria’s Eurobond Prices Hit 13.76% High   Data by the Debt Management Office (DMO) has revealed that yield on the 13 tracked Nigeria's Eurobond...
Aisha Umar Dahir, PenCom DG

PenCom Okays N13.21bn For Annuity Retirees

PenCom Okays N13.21bn For Annuity Retirees The National Pension Commission has approved N13.21bn lump sum payments to annuity retirees in the first quarter of 2022. This...