In August 2023, the Federation Account Allocation Committee (FAAC) distributed a total of N1.80 trillion to the three tiers of government. This amount was derived from the revenue generated in July 2023. However, it represented a slight decrease compared to…
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has reiterated that his leadership would focus mainly on the core mandate of price stability. According to a statement from the CBN, Cardoso disclosed this recently, while playing…
In line with the renewed efforts of the President Bola Ahmed Tinubu administration to develop policies to make Nigeria’s Blue Economy viable economically, the Director General (DG) of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has…
President Bola Ahmed Tinubu, Mr. Ernest Ndukwe, Chairman of MTN Nigeria and the Coordinating Minister of the Economy and Minister of Finance, Mr Wale Edun are set to grace this year’s edition of the Annual Directors Conference. Other expected guests…
The African Development Bank together with partners, including the Tony Blair Institute and International Labor Organization has held the first of a series of regional technical consultation meetings, on the Public Service Delivery Index (PSDI). The Index measures public service…
President Bola Tinubu has approached the Senate for the approval of another $7.8billion and €100million loans, barely 24 hours after seeking approval of the N2.18trillion supplementary budget. The request of the President was contained in a letter to the Senate…
MTN Nigeria Plc has proposed the issuance of up to N52.896 billion series 8 &9 Commercial paper under its N250 billion issuance programme. This is contained in the company’s notice to the Nigerian Exchange Limited seen by Nigerian NewsDirect. The…
The Chairman of Air Peace, Mr. Allen Onyema has said that the airline’s $14 million is still being held by the Central Bank of Nigeria (CBN), six months after lodgment. Onyema said that the sum, which was paid into the…
…Expresses readiness for team work By Seun Ibiyemi The Executive Secretary/CEO of Nigerian Shippers’ Council (NSC) Mr. V Akutah Pius Ukeyima has assumed duty at the Council’s Headquarters in Lagos. The ES/CEO who was received by Management and staff, conveyed…
The Chairman of BUA Group, Alhaji Abdulsamad Rabiu, on Tuesday has insisted that the BUA Group has reduced the price of cement from N4,500 to N3,500 per bag contrary to speculations. Speaking to State House correspondents after meeting with President…
