FG saves N10.2tn through TSA/IPPIS
The Federal Government-backed Integration Personnel and Payroll Information System has so far exposed and eliminated about 70,000 ghost workers in…
CBN dismisses report of stopping overseas school fees, Form A withdrawal
The Central Bank of Nigeria (CBN) has dismissed media reports that it will withdraw ‘Form A’ discounted foreign exchange (FX)…
Nigeria recovered $386m of stolen funds in 2021, says Buhari
President Muhammadu Buhari says around $386 million was recovered in 2021 through the whistleblowing policy enacted by his administration in…
States in Nigeria may lose N19bn in oil, gas revenues in 2022 – World Bank
The World Bank has said that Nigerian states will likely lose N18.8bn in oil and gas revenues in 2022, as…
Buhari urges private sector to reinvest profits on creation, retention of jobs
President Muhammadu Buhari has asked members of the organised private sector to reinvest their profits on the creation and retention…
Afreximbank Board appoints Kanayo Awani Executive Vice President, Intra-African Trade Bank
African Export-Import Bank (Afreximbank) has announced the appointment of Kanayo Awani to the position of Executive Vice President of the…
SEC, NAICOM, others to collaborate on digitising economy
The Securities and Exchange Commission (SEC), the National Insurance Commission, (NAICOM) as well as other regulatory bodies have reiterated their…
Nigeria’s Debt Servicing Doubles, Hits N896bn in Three Months – DMO
The ballooning status of Nigeria’s debt servicing bill has increased by 109 per cent to N896.56bn. As a result, the…
FG generates N588.6bn VAT in Q1’22 – NBS
The National Bureau of Statistics(NBS) said the Federal Government generated N588.6 billion as Value Added Tax (VAT) in the first…
FX challenges beyond monetary policy interventions – CBN
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, says monetary policy interventions alone cannot totally address the…