Good morning, here are the latest top business news headlines for today Saturday, July 2021.
LCCI Gets New Director-General
Chinyere Almona becomes the new Director-General of the Lagos Chamber of Commerce and Industry (LCCI), replacing Muda Yusuf who has served in that capacity for 13 years.
This was announced by the chamber, noting that Almona’s tenure…Read more
FG Plans N13.91tn Budget For Next Year
The Federal government is planning to budget N13.91 trillion as budget for the 2022 fiscal year.
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said the…Read more
Debt Servicing Gulps 97 Percent of Nigeria’s Revenue Between Jan-May
Out of N1.84 trillion revenue generated the Nigerian government spent N1.8 trillion on debt servicing between January and May 2021.
With this development, the country’s debt-to-revenue ratio stands at…Read more
Nigeria Govt Spends N194.31bn On Fuel Subsidy
The Federal Government on Thursday said it had deducted N194.31 billion from oil and revenue revenue for the payment of fuel subsidy as of May this year.
The Minister of Finance, Budget and National Planning, Zainab Ahmed…Read more
FG To Use PIB To Attract Investors
The Federal Government has said that it would need to find investors to attract investors into the country, using the Petroleum Industry Bill (PIB).
This was stated by the Chairman, Senate Committee on Petroleum Downstream…Read more
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