The The Nigerian National Petroleum Company (NNPC) spent N675 billion in fuel subsidy in three months, figures from the company show. NNPC in its monthly presentation...
Nigeria’s Federation Account Allocation Committee (FAAC), has shared a total sum of N725.571 billion – revenue that was generated in March 2022 – to the federal...
Adedunmola Gbadegesin, a wire fraud suspect, was on Monday April 26, 2022, extradited to the United States where he is wanted in a case of conspiracy...
Foreign exchange inflows into Nigeria’s economy declined in the fourth quarter of 2021, owing to lower receipts from the Central Bank of Nigeria and autonomous sources....
The house of representatives committee on public accounts says it would unravel the mystery behind an alleged N2.6 trillion capital allowances granted to MTN by the...
Nigeria’s president, Muhammadu Buhari, on Tuesday, said the decision to close the country’s land borders achieved results in terms improving food production. Buhari had ordered the...
By ADEBAYO OBAJEMU Federal government revenue crisis may not entirely be attributed to low receipts from both oil and non-oil sources, as indications have emerged that...
The federal government of Nigeria recorded N2.23 trillion fiscal deficit in the fourth quarter (Q4) of 2021, according to Central Bank of Nigeria (CBN). The CBN...
BY EMEKA EJERE There is a gloomy outlook for Nigeria’s economic recovery drive, with inflating petrol subsidy payments posing serious threat to more growth-enhancing activities of...
