Economy
-
FG allegedly paid $200m consultancy fee without due process – Whistleblower
More sordid information on the alleged sale of about 48 million barrels of stolen crude oil in China and loss…
Read More » -
FAAC shares N714.629bn in March to FG, States, LGAs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N714.629 to the beneficiaries from the March 2023…
Read More » -
Nigeria has final say on petrol subsidy removal – IMF
The International Monetary Fund (IMF) has said Nigeria’s plan on whether to remove petrol subsidy or not remains a political…
Read More » -
Railway corporation generates N715m in Q3 2022- NBS
The Nigerian Railway Corporation generated N715.09 million in revenue from passengers in Q3 of 2022, the National Bureau of Statistics…
Read More » -
Fuel subsidy: FG begins 40% pay rise for workers April ending
Barring any last-minute change of plans, the Federal Government will begin payment of the planned increase in civil servants’ pay…
Read More » -
Why aviation workers are on strike
Nigerian aviation workers have commenced their two-day warning strike with a protest on Monday. The PUNCH gathered that the workers blocked…
Read More » -
Why new naira notes are scarce – CBN sources
There seems to be no end in sight to the scarcity of the redesigned naira notes as officials of the…
Read More » -
Mixed reactions as CBN sledgehammer falls on dormant accounts
The Central Bank of Nigeria has proposed that banks should transfer funds in accounts that have been dormant for up…
Read More » -
Fuel subsidy, oil theft gulped N29tn, says FG
The Federal Government, on Thursday, said the amount spent on subsidising Premium Motor Spirit, popularly called petrol, between 2005 and…
Read More » -
CBN to mop up balances, unclaimed funds in dormant accounts for up to 10 years
The Central Bank of Nigeria has proposed that banks should transfer funds in accounts that have been dormant for up…
Read More »