The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has approved the upward review of remuneration of elected and appointed public officers by 114 percent. The commission also introduced three new special allowances to the welfare package of judges. There are ...
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Feed SubscriptionUncertainty As Cash Crunch Slows GDP Growth To 2.31% In Q1
…Manufacturing sector growth hits 3-yr low The Nigerian economy grew at a slower pace in the first quarter of 2023 as the cash crunch, which attended the country in the first three months in the wake of currency redesign, impacted ...
Read More »Dangote Refinery ‘ll Generate 12,000mw Of Electricity – CBN Gov
The Central Bank of Nigeria (CBN) has said that the newly commissioned Dangote Petroleum Refinery and Petrochemicals will help Nigeria generate more electricity. Speaking on Monday at the epoch-making commissioning of the project at Ibeju-Lekki in Lagos State, Governor of ...
Read More »Five African Presidents Join Buhari To Commission Dangote Refinery
… It portends industrial renaissance for Nigeria – MAN In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will commission Dangote Petroleum Refinery & Petrochemicals, alongside his counterparts from Ghana, Togo, Senegal, ...
Read More »Beware Of Loan Sharks, NCC Warns Consumers
The Nigerian Communications Commission (NCC) has cautioned members of the public on the fraudulent activities of those it described as loan sharks. The Head of Consumers Affairs Bureau of the commission, Mr. Ayanbanji Ojo, made the disclosure during a telecom ...
Read More »$20bn To Be Spent On Rivers Niger, Benue, Kaduna Dredging – HYPPADEC
The Managing Director, Hydroelectric Power Producing Areas Development Commission (HYPPADEC), Alhaji Abubakar Yelwa, says the dredging of Rivers Benue, Niger and Kaduna will cost more than 20 billion dollars. According to him, the dredging of the three rivers will check ...
Read More »JAMB Remits N2bn Into Federal Govt’s Account
Joint Admissions and Matriculation Board (JAMB) has remitted N2 billion as its interim surplus for the 2023 operating year into the federal government’s account. The board said the move is in furtherance of the pledge by the Prof. Is-haq Oloyede-led ...
Read More »Ecobank: Shareholders Approve All Resolutions At ETI’s 35th AGM, EGM
Shareholders at the Ecobank Transnational Incorporated (ETI) 35th Annual General Meeting (AGM) and an Extra Ordinary General Meeting on Wednesday approved the accounts and the appropriation of profits for 2022. The meeting held at Lomé, Togo on Wednesday. Ecobank Transnational Incorporated ...
Read More »Nigeria Heading For Debt Crisis, Govs Warn
Some state governors have voiced their dismay over Nigeria’s escalating debt profile, with fears that the country could face severe consequences if immediate measures are not taken to reverse the trend. The governors spoke yesterday at the sidelines of the ...
Read More »CRYPTOCURRENCY: FG Inaugurates Blockchain Technology Committee
The federal government has launched a National Policy on Blockchain Technology and inaugurated Implementation & Steering Committee to oversee its implementation to fast track the adoption and utilise the gains of emerging technologies. A statement issued yesterday by the Spokesperson ...
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