Economy
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Fake alert: No deadline on circulation of old naira notes – CBN
The Central Bank of Nigeria has announced that there is no deadline on the circulation of old N200, N500 and…
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They want to halt Rivers LGA allocations, opposition lawmakers raise alarm
that any attempt to withhold funds from the people of Rivers State could trigger a crisis that may destabilize constitutional…
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External reserve hits $40bn as FG targets $1bn monthly inflow – CBN
The Central Bank of Nigeria (CBN) has disclosed that the external reserve has hit $40.2 as at the end of…
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Grain hoarders, smugglers behind food items price hike – FCCPC
The Federal Government, through the Competition and Consumer Protection Commission, FCCPC, has said grain hoarders and smugglers are responsible for…
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Abdulrazaq approves N70k minimum wage for Kwara civil servants
AbdulRahman AbdulRasaq, governor of Kwara, has approved N70,000 as the minimum wage for civil servants in the state.
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Diaspora remittances highest source of FX to Nigeria – NIDCOM CEO
he Chief Executive Officer, Nigerians in Diaspora Commission, Dr Abike Dabiri-Erewa, has said diaspora remittances are the highest source of…
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IMF to raise $8bn to reduce poverty in low-income countries
The International Monetary Fund (IMF) has announced a plan to raise $8 billion to reduce poverty in low-income countries.
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$100m approved for establishment of Youth Entrepreneurship Investment Bank in Nigeria – AfDB
The African Development Bank (AfDB) has approved $100 million for the establishment of the Youth Entrepreneurship Investment Bank in Nigeria.
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$41bn unaccounted for in World Bank – Oxfam Int’l alleges
“There is no clear public record showing where this money went or how it was used, which makes any assessment…
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N10tr savings from subsidy removal for infrastructure, others – Finance Minister
Part of the funds saved from the termination of subsidies on petrol and forex will be used to fund education,…
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