Category: Economy
Nigeria’s capital importation declines by 32.90% to $1.03bn
Nigeria witnessed a decline in total capital importation, dropping to $1.03 billion from $1.5 billion in Q2 2022, marking a 32.90 per cent decrease, according…
CBN investigator probes banks over N1.27tn intervention funds
The Chief Executive Officers and top management staff of banks may also be probed during the ongoing investigation of the activities of the Central Bank…
Group frowns at intimidation of AIRS revenue partner, Bigly, promises showdown
A group, Concerned Anambra Citizens, CAC, has frowned at the ugly developments happening in the revenue generating sector of the state, where intimidation, frame-up and…
Economic crisis: States borrow N46bn from banks to pay salaries
•Access, Fidelity, Zenith lend states N46bn in six months as govs battle poor IGR •Fiscal Responsibility Commission issues guidelines to banks on lending to states,…
Senators Present 2023 supplementary budget to kick-start CNG Project
Barely 48 hours after President Bola Ahmed Tinubu announced measures to cushion the pains of fuel subsidy removal on Nigerians, members of the Senate Committee…
Tinubu approves N35,000 wage award for FG workers
President Bola Tinubu has approved N35,000 as a provisional wage award for all treasury-paid federal government workers for a period of six months. Malam Mohammed…
FG Removes VAT On Diesel For Six Months, Gives Labour Other Offers
The Federal Government has waived valued-added tax (VAT) on diesel for six months. Information and National Orientation Minister Mohammed Idris said this in a statement…
All workers to benefit from provisional wage increase – Gbajabiamila
The provisional wage increase President Bola Tinubu announced for all low-grade workers for six months will cut across all workers, the President’s Chief of Staff,…
UPDATED: Tinubu Announces Provisional Wage Increase For ‘Low-Grade Workers’
President Bola Tinubu has announced a six-month temporary wage increase for some workers in the country. The President announced the increase in his first Independence…
Nigeria@63: Niger gov assures residents of foreign partnership, peace
The Niger State Governor, Mohammed Bago, has assured the state’s residents that they will experience unprecedented transformation under his leadership. Bago also promised that he…