Buhari Warns Against Delay As NLNG Train 7 $10bn Investment Begins       President Muhammadu Buhari has inaugurated the construction of the Nigeria Liquefied Natural Gas train 7 project and charged the company to ensure its timely completion. Buhari who did the ground breaking virtually from Abuja said...

Rising Inflation Pushed 7million Nigerians Below Poverty Line – W/Bank       The World Bank has said rising prices pushed about seven million Nigerians below the poverty line in 2020. This was contained in a press statement titled ‘Critical reforms needed to reduce inflation and accelerate the recovery,...

Cutting Governance Cost’ll Not Solve Revenue Problems - Akabueze       The Director General of the Budget Office of the Federation, Ben Akabueze, on Tuesday said cutting budget allocations to Federal Government agencies would not have a significant impact on Nigeria’s revenue. Akabueze said this in Abuja at...

NSITF Chiefs Appear In Senate Today Over Alleged N61.1bn Diversion       The management of the Nigeria Social Insurance Trust Fund is expected to appear before the Senate Public Accounts Committee today (Tuesday) to answer more questions on the query issued to it by the Auditor General...

'Nigerian Govt’s Reliance On CBN Financing Worrisome'       The Nigerian government’s reliance on the Central Bank of Nigeria for the financing of budget deficits is certainly worrying, a London-based economic research firm has said. Capital Economics, in its ‘Africa Economics Focus’ released on Monday, said the government...

In Six Years, Buhari Regime Has Borrowed $2.02bn From China       The Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office on Monday showed. According to the statistics obtained from the DMO, Nigeria’s total debt from China as...