IMF insisted, Nigeria not generating enough revenue to support its developmental needs
NIGERIA, Dec. 11 – The International Monetary Fund (IMF) has revealed that Nigeria is not getting the required revenue to help...
Economy
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Banks to stop non-deposit financial institutions from transfer list in line with CBN Policy
NIGERIA, Dec. 7 – Nigeria commercial Banks have been requested to disconnect Switches, Payment Solution Service Providers, and...
Startup: FG unveils portal for registration
NIGERIA, Nov. 22 – The Nigerian Federal Government as part of its moves to support startups in the country has announced the u...
Over $700m remaining trapped fund in Nigeria is inaccessible – Foreign Airlines
NIGERIA, Nov. 8 – The challenge of Foreign airlines in Nigeria is yet to be resolved as operators disclosed that about 90 % o...
NBS Data: Lagos, Rivers, FCT lead as they generated N1.93tn in IGR
NIGERIA, Oct. 24 – Nigeria states of Lagos, Rivers, and the Federal Capital Territory (FCT) top the chart of t...
OGFZA rolls out ambitious expansion plans under the newly appointed MD
NIGERIA, Oct. 19 – The newly appointed Managing Director of Oil and Gas Free Zones Authority (OGFZA), Mr Bamanga Usman, has&nb...
FG Express commitment to the development of the mining sector
NIGERIA, Oct. 18 – The Nigerian President, Bola Tinubu has expressed the Federal Government’s commitment to develop the count...
Subsidy removal, drop in naira caused food inflation to move to 30.64%
NIGERIA, Oct. 17 – Subsidy removal and drop in the value of naira has caused food inflation to moved to 30.64 % in September,...
FG gets $1.58bn new loan from World Bank, AfDB by Dec – Finance Minister
NIGERIA, Oct. 17 – The Federal Government on Monday said it had secured a budget support loan worth $1.5bn from the World Bank...
Naira Under Pressure: IMF says Nigeria is free to seek dollar loan to rescue its currency
NIGERIA, Oct. 16 – The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek...