FG in Advanced Talks with World Bank for $1 Billion Loans

In a bid to tackle the pressing issues affecting Internally Displaced Persons (IDPs) and rural communities, the Federal Government of Nigeria is nearing the...

Senate Advises Against Supplementary Budget and Excessive Loans

The Nigerian Senate has issued a cautionary statement urging the executive arm of the government to refrain from expanding the budget through a supplementary...

Nigeria Receives N1.20trn As VAT Income In Q4 2023 – NBS

According to the National Bureau of Statistics (NBS), in Q4 2023, the total Value Added Tax (VAT) was recorded at N1.20 trillion. The VAT...

Nigeria Spends $3 Billion Annually on Paper Imports

Funlayo Okeowo, the Managing Director of FAE Limited, a prominent paper manufacturing firm, has shed light on Nigeria's hefty expenditure of approximately $3 billion...

FG Eyes Transition of NRC Locomotives to LNG-CNG for Sustainability Boost

The Federal Government, under the auspices of the Ministry of Transportation, is contemplating a shift in the fuel source for Nigerian Railway Corporation's (NRC)...

NDDC Forges Alliance with Rice Farmers to Enhance Food Security

The Niger Delta Development Commission (NDDC) has embarked on a collaborative effort with the Rice Farmers Association of Nigeria (RIFAN) aimed at fortifying food...

PH Refinery Set to Resume Operations in April with 450,000 Barrels of Crude

The Group Managing Director of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, has announced that the Port Harcourt refinery is poised to...

CBN Maintains Prohibition on Banks Using FX Revaluation Gains for Dividends

The Central Bank of Nigeria (CBN) has reaffirmed its stance that banks operating within the country are not allowed to utilize their foreign exchange...

Tinubu Vows Support for Manufacturers during Tomato Plant Inauguration

President Bola Tinubu has assured his commitment to bolstering the manufacturing sector in Nigeria. He made this pledge during the inauguration ceremony of a...

CNN’s Africa Avant Garde Explores The Art Of African Textiles

In the latest episode of Africa Avant Garde, CNN dives into the distinct fabrics woven into the histories of Nigeria and Kenya to discover...

Naira Drops As Official Rate Passes Black Market By N30

Due to pressure from US dollar demand on the official window's exchange rate, the value of the Nigerian naira declined. On the other hand,...

NLC Fumes as 30 States Default on N35,000 Wage Award; Pensioners Threaten Protest

The Nigeria Labour Congress (NLC) expressed frustration on Wednesday as it revealed that over 30 states, constituting about 90 percent of the country, had...

Popular

spot_imgspot_img