The Asset Management Corporation of Nigeria (AMCON) has blamed high interest rates, non-collateral interventions as some of the factors hindering the recovery of N4.7trillion debt owed to the corporation. At at an interactive session with the Management of AMCON led…
The Minister of Solid Minerals, Dele Alake, made an allegation on Tuesday that the illegal mining activities and acts of terrorism going on in different parts of the country are funded by unnamed ‘Powerful Nigerians.’ Speaking when he led a…
The Minister of Works, Dave Umahi has revealed that road projects in the country suffer a N250 billion funding deficit. Speaking during the presentation and defense of the 2024 budget of the Ministry to the Joint Committee on Works of…
By Jeleel Olawale, Osogbo Osun State Government has begun an investigation into the reported case of about 18 pupils of James Primary School B, Osogbo, who reportedly landed in the hospitals after eating a mid-day meal served to them under…
Ondo State Governor Oluwarotimi Akeredolu on Tuesday has announced that he would be proceeding on a medical leave from Wednesday, December 13, 2023. According to a statement by Richard Olatunde, the Chief Press Secretary to Akeredolu, he said that in…
The Ogun State government has unveiled a Regeneration Programme aimed at the transformation of some dilapidated structures within the state’s Government Reservation Areas (GRA). Tagged “Ogun State GRA Regeneration Programme,” the project is meant to create “Smart Cities” with the…
The Federal Government on Tuesday said it plans to restructure the Transmission Company of Nigeria (TCN) to align with the Electricity Act 2023 and the industry demands. Minister of Power, Mr Adebayo Adelabu said this in Abuja at the Ministerial…
…Rakes in N1.75trn from corporate taxes in Q3, 2023 …As IMF recommends adoption of digital technologies to improve tax collection, compliance The Federal Government has revealed its plans to increase tax-to-GDP ratio from nine percent to 18 percent in three…
By Sodiq Adelakun The Central Bank of Nigeria (CBN) has refuted claims that certain Nigerian banks have failed to meet the capital adequacy ratio. Earlier reports had indicated that approximately eight banks with international authorisation were below the regulatory threshold…
By Moses Adeniyi President Bola Tinubu, has declared that he will win the battle to keep Nigeria safe. The President made this known on Monday in Maiduguri, Borno State. The President while expressing his condolences to the families of Nigerians…
