Mixed reactions trail CBN’s warning on depositing of composed banknotes
Nigerians have expressed divergent views over the Central Bank of Nigeria (CBN) warning to the Deposit Money Banks (DMBs) to desist from depositing ‘composed’ banknotes. They expressed their views in...
View ArticleFederal Government to empower 98000 Nigerians with small loans
The federal government is to empower ninety-eight thousand Nigerians with small loans in another phase of its empowerment programme, under the Ministry of Humanitarian Affairs, Disaster Management, and...
View ArticleNo plan to reduce duty on imported vehicles – Customs
The Nigeria Customs Service has said that there are no plans for duty reduction on imported vehicles. There are speculations that the service has reviewed the tariff on imported used vehicles from 35...
View ArticlePresident Buhari gets report of reviewed vertical revenue allocation formula
President Muhammadu Buhari has been presented with the report of the reviewed vertical revenue allocation formula by the Revenue Mobilization Allocation and Fiscal Commission. According to the Chairman...
View ArticleNNPC says Nigeria lost one point five billion dolloar Worth Of Oil To Vandals...
The Group Managing Director of Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari, has lamented the negative impact of the activities of oil vandals and operators of illegal refineries....
View ArticleLabour decries smuggling of textile materials, seeks Presidential task force
The National Union of Textile, Garment and Tailoring Workers of Nigeria, has called on the Federal Government to set up a presidential task force equipped with the power to confiscate goods smuggled...
View ArticleSome Edo journalists commends Government over implementation of Ossiomo Power...
Some Edo Journalist has reacted to the implementation of the Ossiomo Power Plant at the NUJ Press Centre in Benin, adding that the inauguration of the plant will improve their efficiency and power...
View ArticleNational Assembly approves N4tn for petrol subsidy
The National Assembly has passed amendments to the 2022 Appropriation Act which raised the subsidy on Premium Motor Spirit (petrol) by N442.72bn, from N3.557tn to N4tn. The Senate and the House of...
View ArticleExperts: Economy will sink further with N4trn subsidy
The economy will be negatively impacted by the N4trillion vote for petrol subsidy in the revised 2022 budget passed yesterday by the National Assembly, experts have said.The Centre for the Promotion of...
View ArticleIn a bid to tackle unemployment, federal government disburses four point five...
In a bid to tackle unemployment in Ondo State, the Federal Government has disbursed a loan fee of over four point five million to two hundred and twenty eight unemployed youth in the state. On how the...
View ArticleElite Network for Sustainable Development (ENetSuD) clears Kwara State...
Elite Network for Sustainable Development (ENetSuD) has now cleared Kwara State Government of alleged contract inflation on the Ilesha Baruba- Gwanara Road in Baruten Local Government Area. In a...
View ArticleKwara Government commitment to protect Private investors.
Kwara State Government has stated its commitment to protect the private investors and boost its confidence in the economy of the state. Speaking at the 62nd Annual Conference of the Nigerian...
View ArticleCash-strapped banks borrow N338.4bn from CBN in one month
The central bank of Nigeria has reported for Cash Strapped as banks borrowed over three hundred and thirty-eight billion naira in January to bridge their funding gap. According to the bank data,...
View ArticleFederal Government discovers over seven hundred thousand ghost workers, saves...
Since the introduction of the Integration Personnel and Payroll Information System (IPPIS), the Federal Government has been able to weed out seven hundred and twenty thousand ghost workers from the...
View ArticleThree Thousand Kwara SMEs to get Post-COVID 19 relief grants
No fewer than three thousand small scale business owners are to benefit from the first batch of operational cost grants under the Kwara COVID-19 Action Recovery and Economic Stimulus (CARES) Programme....
View ArticleKwara Government Commences “Post-Covid-19 Relief Grants Enumeration for Three...
The kwara state government has commenced the enumeration of business owners for World Bank grants which is the first batch of operational cost grants under the Kwara COVID-19 Action Recovery and...
View ArticleKwara State Ministry of Planning and Economic Development set to commence...
Kwara State Ministry of Planning and Economic Development is set to commence the citizens engagement on 2023 budget preparation exercise across the three Senatorial Districts in the State. The town...
View ArticleThe federal government has disclosed its willingness to strengthen the...
The federal government has said it will strengthen the Securities and Exchange Commission to reposition Nigeria’s capital market to be at par with its peers globally. The Minister of Finance, Budget...
View ArticleKWARA STATE GOVERNMENT ENGAGES CITIZENS TO CHART AN ALL INCLUSIVE 2023 BUDGET
Joseph EMERIBE The Kwara State government through the Ministry of Planning and Economic Development organised a Town Hall Meeting on citizens’ engagement in the budget process for the 2023 budget...
View Articlefederal government postpones planned petrol subsidy removal till further notice
The federal government had postponed the planned petrol subsidy removal till further notice, citing “high inflation and economic hardship”. The minister added that many other countries had introduced...
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