THE Catholic Bishop of Sokoto Diocese, Dr. Matthew Kukah, has described as scam the Federal Government proposed payment of N5,000 transportation allowance as a remedial for the removal of fuel subsidy billed to take effect early next year. The Bishop…
THE Central Bank of Nigeria (CBN) has said that it would be guided by the decision of the Securities and Exchange Commission (SEC) on the ownership structure of FBN Holdings Plc, the parent company of First Bank Plc. The company’s…
THE Minister of State for Budget and National Planning, Mr. Clem Agba, has said the Federal Government had spent N2.3 trillion as stimulus package to cushion the effect of COVID-19 pandemic in the country. Agba spoke yesterday at a three-day…
MALAM Mele Kyari, Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company Limited, has said that subsidy would have been eliminated in 2020 but certain factors prevented it. He, however, said that the law provides that by…
IN its last reports, Nigeria’s Debt Management Office (DMO) released debt profiles of all the 36 states and the federal capital territory (Abuja), with Borno emerging the state with lowest amount of debt nationwide. According to the DMO report released…
DESPITE several denials by Kogi State government that it had no hidden account with the sum of N19.33bn in it, the Central Bank of Nigeria (CBN) had acknowledged the receipt of the sum of N19.33bn recovered by the Economic and…
.Nigerian Government to ramp up COVID-19 vaccine roll-out to reach 50% of targeted population ▪︎NEC urges strict compliance to COVID-19 protocols ahead of festive season ▪︎CBN processing Bridge Financing to spread over 6 months IN a bid to help State…
THE Federal Executive Council (FEC), presided over by President Muhammadu Buhari, yesterday approved contracts worth N27.4 billion for projects in the ministries of Works and Housing, and the Federal Capital Territory (FCT). The council also approved the establishment of a…
EXPERTS have maintained that due to the high cost of food, the eating patterns of most low-income earners and the poor have changed because they cannot afford good meals. This, they say, will lead to high rates of malnutrition, especially…
ZIMBABWE has no plans of adopting cryptocurrency as a legal tender, according to Information Minister Monica Mutsvangwa. Mutsvangwa, who spoke following a cabinet meeting on Tuesday, was reacting to reports in a section of the local media that Zimbabwe was…
