FAAC shares N606.196bn for April, 2020. The Federation Accounts Allocation Committee (FAAC) at its meeting via Virtual Conferencing, chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, shared to the three tiers of government, a total sum of ...

FAAC: FG, States, LGs share N647.353bn for January, 2020. The Federation Accounts Allocation Committee (FAAC) in Lagos at its meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, shared to the Federal Government, States and Local Government...

World Bank Puts Nigeria’s Growth At 2.1% In 2020   The World Bank Group, yesterday, raised Nigeria’s growth expectations in 2020 to 2.1 per cent, describing it as an “edge up”, a development that confirms the country’s continued stay in sluggish economic path for another calendar...

Nigeria requires about 88,282 Mega Watts (MW) of electricity to meet the demand of its fast growing economy by 2020, Managing Director of Eko Electricity Distribution Company, Mr. Oladele Amoda, has said. Amoda,who disclosed this at a forum in Lagos, urged the nation to adopt...

A release of the Cisco Visual Networking Index Complete Forecast for 2015 to 2020 has shown that Nigeria’s Internet Protocol traffic will grow six-fold and fixed broadband speed will increase 2.4 fold with an average mobile speed connection of 5Mbps. Findings from the CVN study...