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FG Approves N3trn, 17.5% of 2022 Budget to Sustain Subsidy

Ahmed A day after the federal government announced its plan to delay implementation of the Petroleum Industry Act, PIA, and retain payment of petrol subsidy...

Olubi Lists electioneering, rate hikes, capital controls as factors to cause foreign portfolio outflows in 2023

Olubi The Managing Director, Morgan Capital Securities Limited and an economic analyst, Rotimi Olubi, has said that electioneering for 2023 general elections in Nigeria will...

FG commends NLNG on new cooking gas policy  

The Federal government of Nigeria has commended the Nigeria Liquefied Natural Gas, NLNG, Limited for suspending the exportation of cooking gas while approving 100...

Despite Rising Population, Increasing Govt. Spending, Nigeria Producing Less Oil than 25 Years Ago

Nigeria is producing far less oil than it did 25 years ago when the estimated population was much less than what it is today...

Nigeria’s debt stock hits N39.6tn in 11 months – Reports

Ahmed The Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021, The PUNCH has learnt.   The Minister of Finance, Budget...

Foreign inflows fall by 32%, UK, South Africa, others slash Nigeria investments

Emefiele The Central Bank of Nigeria has disclosed that capital importation into the country fell by 32 per cent to $500m in October 2021, from...

460 duplicated projects signed in 2022 Budget-BudgIT  

  …calls for urgent amendment   BudgIT, a civic-tech organization leading the advocacy for transparency and accountability in Nigeria’s public finance, has called on the citizens, CSOs,...

FG lifts ban on Twitter after 214 Days suspension

The Federal Government of Nigeria has lifted the ban on Twitter effective from 12 midnight of January 13, 2022. This comes exactly 214 days after...

Man Kicks Against Excise Duty Of N10/Litre On All Non-Alcoholic, Carbonated And Sweetened Beverages By The FG  

The introduction of excise duty of N10/liter on non-alcoholic, carbonated and sweetened beverages, despite its potential overwhelming negative impact is rather unfortunate. There is...

FG extends NIN-SIM Verification to 31st March 2022 as NIN Enrolments exceed 71 Million

The Minister of Communications and Digital Economy, Isa Ali Ibrahim, Pantami, wishes to convey the approval of the Federal Government to further extend the...

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