Newsfront Online …Telling the Public as it is

The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the Federal Government will do away with petroleum subsidy by June 2023. Ahmed said this on Tuesday in Abuja during a press conference to mark the end of the ...

The Lagos Chamber of Commerce and Industry (LCCI) has called on governments at all levels to address the issues of enabling environment in the country. The president of LCCI, Dr. Michael Olawale-Cole stated this at the closing ceremony of the ...

The African Development Bank has said that it has provided over $1.1bn worth of interventions for 20,500 Micro, Small and Medium Enterprises in Nigeria. It said that this had contributed to the creation of more than 440,000 jobs in Nigeria, ...

…Investment in foreign equities and bonds giving FG sleepless nights With a seed capital of $1 billion in 2012, the Nigeria Sovereign Investment Authority (NSIA) has grown its assets to $4 billion using funds from oil sales surplus recovered funds. ...

Flour Mills of Nigeria Plc has said its unaudited financial statement for half-year 2023 shows strong revenue growth across business segments, despite the challenging macroeconomic environment. A statement by the company said compared to H1’22, overall revenue increased by 38 ...

The Central Bank of Nigeria(CBN) in partnership with Global Info Swift Consulting Limited, took its campaign train to the University of Lagos(UNILAG) where it onboarded students as well lecturers on the enaira platform. This is even as the apex bank ...

Unity Bank Plc has declared a N2.2 billion profit for the nine-month period ended September 30, 2022, with 17 per cent growth in gross earnings to N42.2 billion for the same period, as against N36.2 billion in the corresponding period ...

In an apparent response to claims by the Minister of Finance, Budget and National Planning, Zainab Ahmad, that her ministry was not carried along by the Central Bank of Nigeria, in the ongoing process of redesigning three series of the ...

… Offer restructuring window to defaulters The Central Bank of Nigeria (CBN), in conjunction with the NIRSAL Microfinance Bank, (NMFB) has started recovering their loans from Nigerians. Yesterday, many Nigerians started receiving debit alerts from their phones by mid-afternoon. The ...

…Warns CBN of consequences …It’s our duty to redesign notes, says CBN …Idea misplaced, outrageous -Experts …LCCI: New policy on naira disruptive, insensitive The plan by the Central Bank of Nigeria (CBN) to redesign the Naira is enmeshed in confusion ...