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Category: Economy

buhari l

Don’t Plunge ”Nigeria Into More Indebtedness” With $2bn Chinese Loan, Falana Warns PMB

A human rights lawyer, Mr. Femi Falana (SAN), has advised the Federal Government to shelve its plan to obtain $2bn loan from China. He said instead of “plunging the...

Finance Minister Kemi Adeosun

FG Admits Cash Scarcity Across Nigeria, To Inject N350bn Into Economy

The Federal government will inject N350 billion to stimulate the economy in the next few months as soon as the 2016 appropriation bill is signed into law. Finance...

cross river gov

Cross River To Become Net Exporter Of Banana – Governor Ayade

The Cross River State Governor, Professor Ben Ayade says his administration will soon transform the state into a net exporter of banana. Ayade disclosed this in Mexico...

saraki

Nigeria Needs Strong Insolvency and Bankruptcy Laws – Saraki

To usher in a  regime of orderliness in the financial system in the country in  the event of losses ,the senate has advocated for the need for stronger bankruptcy and...

CBN building

CBN To Sell N1trn Treasury Bills In Q-2 2016

The Central Bank of Nigeria (CBN) yesterday said it will sell treasury bills of N1.73 trillion in the second quarter of the year. The apex bank stated this in its...

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FG Must Create Enabling Environment To Grow Economy, Says Obasanjo

Former President of Nigeria, Chief Olusegun Obasanjo, yesterday, charged the Federal Government to create enabling environment to attract private investment which is...

lai mohammed

Why Poverty Rate Increased In Nigeria, Says Lai Mohammed

Federal Government has said that no amount of blackmail will make it to surrender the ongoing war against corruption. This is even as it said that Nigeria poverty rate...

fayose

Lassa Fever: Ekiti State Takes Awareness Campaign To Grassroots

The Ekiti State government has taken awareness campaign on the prevention and spread of Lassa fever disease to the grassroots. Launching the campaign on Tuesday, Gov....

IMF boss

Senate President Meets With IMF Chief Today

Senate President Bukola Saraki will today lead the leadership of the senate to a meeting with the managing director of the International Monetary Fund (IMF), Ms....

buhari l

PMB Budgets $2.5bn For Social Welfare

The administration of President Muhammadu Buhari said on Monday it had decided on a 6 trillion naira ($30.3 billion) budget for 2016, a 1.5 trillion naira rise on last...

rahuf aregbeshola

Osun Recruits 300 Tax Marshals To Boost IGR

In its drive to enhance internally generated revenue (IGR) in the face of dwindling revenue from the federation account to states, the Osun State government has...

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FG To Drive Economy, Development Through Technology

Vice President, Yemi Osinbajo yesterday stated that the government of President Mohammadu Buhari was poised drive the economy and achieve growth through the use of...

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