MDAs remitted N1.8tn operating surplus in 12 years –FRC
The Acting Chairman of the Fiscal Responsibility Commission, Victor Muruako, has said more than N1.8tn has been remitted into the…
FG slashes JV cash calls
Amid the coronavirus-induced sharp drop in its revenues, the Federal Government reduced its spending on oil and gas assets being…
TikTok survives Trump’s treats by establishing a new company with Oracle
TikTok’s parent company ByteDance is creating a new company called TikTok Global that will be responsible for providing all TikTok…
CBN decries speculation as naira plunges, exchanges for 465/$
Naira continued its freefall exchanging for N465 to a dollar as declining export receipts from oil and speculative activities of…
FG spent N8.94tn for petrol subsidy in 10 years, says PPPRA
The Federal Government spent N8.94tn on petrol subsidy between 2006 and 2015, figures released by the Petroleum Products Pricing Regulatory…
How to Effectively Defend Against Cyberthreats
Garmin and Twitter recently joined the ranks of a string of global organisations that have fallen victim to crippling cyberattacks.…
APC Boasts Ahead of Ondo Elections
The All Progressives Congress (APC) in Ondo State has told the opposition political parties in the State that the forthcoming…
What Africa needs to recover well from Covid-19 disaster—IMF
The International Monetary Fund (IMF) has warned that ‘policy-induced distortions that stymie private investment’ must be eliminated and public finance…
NERC working out modalities for monitoring electricity quality
The Nigerian Electricity Regulatory Commission (NERC) says it is working on ways to monitor the quality of service of power…
Perception of negative risk has Africa paying a high premium on debts
Bias, and possibly discrimination, is clear in the harsh repayment terms slapped on African countries compared to the rest of…