Newsfront Online …Telling the Public as it is

Rivers State governor, Sir Siminalayi Fubara, has approved the sum of N100,000.00 as Christmas bonus for the State’s civil servants on the payroll. A terse statement signed by the State’s Commissioner for Information and Communications, Warisenibo Joe Johnson, disclosed this ...

Towards enhancing its support to the private sector and financing of infrastructure development in Africa’s largest economy, Nigeria, the United Bank for Africa (UBA) has received a $175 million financial package from Africa Development Bank(AfDB) Group. This facility comprises a ...

First Bank of Nigeria has urged small and micro business holders against sourcing funding from loan sharks and overstretching themselves financially to avoid stress and financial instability. This was stated by the group head, Retail Business, Community Banking and Money ...

The Joint National Assembly Committee on Petroleum Resources (Upstream, Downstream, Gas) has expressed disappointment over the 2024 budget of the Ministry of Petroleum Resources, stating that it falls short in meeting Nigerians’ expectations. Senator Agom Jarigbe, Chairman of the committee, ...

In a decisive move to fortify the nation’s economic resilience and counter the escalating inflationary pressures, the federal government has launched a comprehensive strategy focused on enhancing foreign exchange inflow. At the forefront of these efforts is a concerted push ...

The chairman, Board of Trustees (BOT) of the Centre for Transparency Advocacy, Dr. Chima Amadi, yesterday said economic remedies from the International Monetary Fund (IMF) and the World Bank cannot revive the Nigerian economy. He also said the policies of ...

The Federal Capital Territory (FCT) Water Board has strategised to generate over N3bn in 2024, since N3bn was generated by the board as at November 2023 against the N2bn generated in 2022. The board also said it would keep supplying ...

The Nigerian Exchange Ltd. (NGX) witnessed a surge in investor value by N85 billion, fueled by heightened purchasing activity in several bank shares, notably Zenith Bank and Access Holdings. Closing at N39.649 trillion compared to the previous day’s N39.564 trillion, ...

In an effort to ensure transparency and efficiency in the Nigerian civil service, the federal government has suspended the salaries of 686 civil servants over unverified records on the Integrated Personnel and Payroll Information System (IPPIS) The move was part ...

The House of Representatives has resolved to investigate the Central Bank of Nigeria (CBN), Accountant General of the Federation, Nigeria Interbank Settlement System (NIBSS) and Systemspec over through the Remita. Platform. The investigation is to cover non-compliance with Standard Operating ...