FAAC shares N902bn revenue to Federal Govt, States, LGAs for December
The Federation Account Allocation Committee (FAAC) has shared the sum of N902.053 billion November revenue among the three tiers of…
‘Nigeria has vast growth potential’ — World Bank lists 10 reforms for economic transformation
The World Bank says Nigeria’s growth has been stagnant in the past decade despite its huge potential. The bank said…
World Bank cuts Nigeria’s 2022 growth forecast to 3.1%, says another 5m pushed into poverty
The World Bank says five million Nigerians have been pushed into poverty as a result of inflation in 2022. The…
Rising food prices push inflation to 21.47 per cent
Nigerians are to contend with inflationary pressures and less disposable incomes, no thanks to the 3.09 per cent rise announced…
PenCom names 34 approved mortgage banks
The National Pension Commission (PenCom) has approved 34 mortgage banks for the implementation of acquisition of residential mortgages by Retirement…
World Bank approves $18m for Nigeria, others to support effective disease surveillance in W/Africa
The World Bank Group has approved a total of $18 million in two additional financing from the International Development Association…
FDI: FG Receives $1bn in Mining Sector
The Minister of Mines and Steel Development, Olamilekan Adegbite, has said that the Federal Government of Nigeria received over $1…
Africa is heading to hunger-induced crisis –AATF boss
The Executive Director of the African Agricultural Technology Foundation (AATF), Canisius Kanangire, has said that Africa will be susceptible to…
Microsoft to Buy 4% of The London Stock Exchange
Microsoft Group has announced plan to take a 4% equity stake in London Stock Exchange Group as part of a…
Withdrawal limits: PoS operators, Falana threaten to go to court
Point of Sale terminal operators and Lagos-based human rights lawyer, Femi Falana, have said they will sue the Central Bank…