Nigeria, Others to Get £150bn for Infrastructure - EU The European Union (EU) is to disburse 150 billion Euros in four years by 2027 through its Global Gateway Initiative to Nigeira and other African countries to enhance infrastructure in over eight sectors. The EU Commissioner for...

Naira Hits All-time Low, Exchanges for 1,100 to a Dollar The Naira has fallen to an all-time low as it now exchanges for N1,100 per dollar in the black market. This is according to information obtained on Wednesday morning, from traders in the parallel market . The...

25 States, FCT Enact Laws Regarding Contributory Pension Schemes No fewer than 25 states and the Federal Capital Territory (FCT) have enacted laws on the implementation of the Contributory Pension Scheme (CPS) as of last month, the Director-General, of the National Pension Commission (PenCom), Mrs....

JUST IN: FG Proposes N26trn for 2024 Budget   The federal government is proposing N26trn as the 2024 budget which is expected to be submitted to National Assembly before December, 31. Minister of National Planning and Budget, Alhaji Atiku Bagudu, announced the budget proposal at the end...

N130bn USSD Debt: Telcos Threaten Court Action Against Banks   Telcommunications operators (Telcos) under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALTON), have threatened to drag Nigerian banks to court over the unpaid Unstructured Supplementary Service Data (USSD), which has accumulated over...

How States Obtained N26.31bn Excess Crude Account Loans   State governments have acquired about N26.31bn loans from the Excess Crude Account facility, which is meant for implementing development and infrastructural projects. Findings showed that a total of about N183.1bn excess crude account facility deposit sits in the...