FG Commences Savings Bond Auction   The Federal Government has commenced the auction of its savings bond for February this year. A savings bond is targeted at low-income earners to encourage them to save and earn more income (interest) when compared with their savings account with banks. Savings...

RMAFC Urges FG To Reduce Cost Of Governance   The Revenue Mobilisation, Allocation and Fiscal Commission has called for a reduction in the cost of governance in the country. The acting Chairman, RMAFC, Shettima Abba-Gana, stated this in Abuja on Tuesday, during the National Policy and Development...

FG Questions IMF's Economic Growth Forecast   The Minister of Budget and National Planning, Senator Udo Udoma, has said the nation’s economy will grow by 3.01 per cent this year, compared to a forecast of two per cent by the International Monetary Fund. The IMF, in its...

FG, EFCC Track Vessels Lifting Nigeria's Crude Oversea   Every barrel of crude oil produced and exported out of Nigeria is now being tracked by the Federal Government in collaboration with the Economic and Financial Crimes Commission (EFCC), the Minister of State for Petroleum Resources, Ibe...

Within Eight Years, AMCON Recovered N1trn From Debtors - FG   Since the commencement of operations of the Asset Management Corporation of Nigeria in 2010, about N1tn had been recovered from debtors of banks whose loans were taken over by the corporation. The Minister of Finance, Mrs...

CBN Cautions Against Rising Debt Level The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday cautioned the Federal Government against the rising debt level in the country. The committee warned that except the Federal Government came up with measures to address the country’s...