Reps Approve N8.4tn Borrowing, N6.3tn Debt Service - Budget President Muhammadu Buhari, will on Friday (today) lay the 2023 Appropriation Bill before a joint session of the National Assembly in Abuja. Ahead of the Federal Government budget presentation, the House of Representatives, on Thursday, passed the...

Pantami Excited with Unprecedented 18.44% Highest Ever ICT Contribution to Nigeria's GDP The Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami), is very excited to hear of the remarkable contribution of the Information and Communications Technology (ICT) sector to Nigeria’s Gross...

Buhari Set To End Fuel Scarcity, Approves Upward Review Of Oil  President Muhammadu Buhari has approved the upward review in freight rate for transporters to alleviate the challenges associated with the distribution of Premium Motor Spirit, PMS, nationwide. Report shows that the approval may bring an...

Buhari: We’re Tackling Challenges Undermining Businesses, Investments President Muhammadu Buhari has urged entrepreneurs and investors to channel ideas and resources into areas of the economy that stimulate growth, with long-term effect on job creation and poverty reduction. The president, who stated this when he received Chairman...

Cement Deficit: Buhari Commends BUA Group For Bridging Gap President Muhammadu Buhari has applauded a Nigerian cement production company, the BUA Group, for its strides in narrowing the gap between demand and supply of cement in the country. A statement by Femi Adesina, the Special Adviser...

FG Owes CBN N15.51trn, Borrows N14.86trn Under Buhari's Regime       The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has ballooned to N15.51tn, rising by 2,286 per cent in six years, data collated from the CBN have shown. The N15.51tn...