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Many Things Wrong With 2021 Budget – ACUF Boss

Many Things Wrong With 2021 Budget - ACUF Boss         A development economist and Board Chairman of Amaka Chiwuike-Uba Foundation (ACUF), Dr. Chiwuike Uba, has picked holes in the 2021 budget, saying that the estimates and sectoral allocations do not align with the theme of the...

Average Price Per Litre Of Kerosene Increases In November – NBS

Average Price Per Litre Of Kerosene Increases In November - NBS         The average price per litre paid by consumers for National Household Kerosene increased to N353.38 in November from N352.93 in October, the National Bureau of Statistics (NBS) says. The Bureau made this known in its...

Banks’ Non-performing Loans Now N1.17trn – NBS

Banks’ Non-performing Loans Now N1.17trn – NBS         Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of Statistics have shown. According to figures obtained from the NBS’ latest Selected Banking Sector Data Report on Sunday, the...

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers           The Federal Government has launched the transport support track under its MSME Survival Fund schemes for artisans and transporters. President’s spokesman, Laolu Akande, in a statement issued on Sunday, said the grant was in continuation of the...

FEC Okays N120.7bn For Roads, Patrol Vehicles, Others

FEC Okays N120.7bn For Roads, Patrol Vehicles, Others         The Federal Executive Council approved different contracts totalling about N120.7bn at its weekly meeting on Wednesday. The contracts included those of roads, application software for the Federal Mortgage Bank, operational vehicles for the Nigeria Immigration Service and irrigation...

Aviation: Recovery In Sight As Local Airlines Scale Up Operations

Aviation: Recovery In Sight As Local Airlines Scale Up Operations         At least three local airlines have shown signs of early recovery from COVID-19 lockdown, with the reopening of closed routes and additional frequencies on traditional routes. As of yesterday, airlines like Dana Air, Air Peace and...