Newsfront Online …Telling the Public as it is

In a bid to give soft landing to states in repayment of federal government’s budget support facility, the federal government has resolved to review the Central Bank of Nigeria’s (CBN) plan to commence deductions from state governments’ share of the ...

President Muhammadu Buhari will on Friday, October 21, 2022 present Nigeria Excellence Awards to 44 Nigerians. This was contained in a statement by the Permanent Secretary (General Services Office), Nnamdi Mbaeri, Ph.D, on behalf of the Secretary to the Government ...

Nigeria and other West African Countries should move away from reliance on foreign assistance to finance developmental projects in the region, financial experts have advised. According to them, over-dependency on financial aid and external loans might affect long-term prosperity for ...

The Central Bank of Nigeria and the Asset Management Company of Nigeria have formally announced the completion of a Share Purchase Agreement for the acquisition of 100 per cent of the equity in Polaris Bank by Strategic Capital Investment Limited. ...

Kogi State has received its first derivation allocation as an oil producing state. Kogi State Governor, Yahaya Bello, disclosed this during the State Executive Council meeting on Thursday, according to a statement from the state. He said his administration had ...

The International Monetary Fund has said Nigeria and other countries in the Sub-Saharan African region risk social and political instability and worsening food insecurity because of rising inflation. According to the IMF, inflation has nearly doubled pre-pandemic levels in the ...

Jos Electricity Distribution PLC covering the states of Plateau, Nasarawa, Benue, and Plateau has appointed Abdu Mohammed as its new Managing Director. Mohammed who assumed duty at the company’s cooperate headquarters in Jos was welcomed by top industry players and ...

The United States has pledged $1 million in immediate humanitarian assistance to support the people affected by unprecedented flooding in Nigeria. The support which will come through the U.S. Agency for International Development, provides emergency shelter assistance, relief commodities, and ...

The Federal High Court, Uyo, Akwa Ibom State has ordered Delta Afrik Engineering Ltd to pay N14.8billion to Akwa Ibom State Internal Revenue Service. This is in respect of its backlog of unremitted tax liabilities from 2007 to 2016. In ...

The Federal Government, through the Minister of Water Resources, Mr Suleiman Adamu, has said that the Lagdo Dam in Cameroon was not responsible for the flooding that has devastated parts of Nigeria. This is just as the government said no ...